He who dares....28 Jun 2020 09:55
Morning guys,
So we are nearly into the first week of July and what is clear is that covid is going to be around to stay for much longer than the markets were thinking last week. However given that there are literally dozens of companies trying to get into the action, GDR good product no sales, ODX etc. so there is clearly massive potential and need, for new products but the market is starting to get squeezed and not necessarily the best products will be left standing. Any company considering a RTO here would have to undertake some pretty heavy market research as the RTO is actually the easy part of this process. The next part is much more difficult which may ultimately control their hand in the first step. Hoping for a RTO but there are significant obstacles that could end those hopes. But fortune always favours the brave! So whoever is going through the due diligence with MTFB just remember, you didn’t get to where you currently are by being regressive or overly cautious. Let’s get this done and open up the massive opportunities it will bring.
Ps. My post above always highlights why BF will always be somebody else’s poodle!!