TSXV:VER.H - Post by User
Comment by
modebt1caginon Apr 23, 2013 12:21pm
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Post# 21290155
RE: going for gold
RE: going for gold Win or lose I honestly don't think it will have much impact on the share price.
It's a nice feather in the cap but that's about it. The company doesn't sell their trophies and other than the fairly limitted circle of people who know about the Edison Awards (it's the first time I've heard of them) it just doesn't have a lot of intrinsic value. Maybe 5 % at the upper limit.
What's going to drive this is putting up some good sales numbers (revenue) which will bring in more potential shareholders which will in turn garner more attention which will raise the price (supply/demand). It's share price exposure that matters, not trophies.
As Kevin O'Leary says, it's all about the sales and revenue (bottom line). I.E. What's in it for me?