[AusNOG] Interesting article regarding lack of investment in Aussie Technology

[Mark Smith]

On 22 July 2015 at 19:02, Paul Wilkins <paulwilkins369 at gmail.com> wrote:

> Simon,
> Correlation isn't a cause of causation, of course, because correlation
> doesn't cause causation, but cause and causation do correlate, because
> cause causes correlation, of course.
>
>
Going by the current Superloop share price compared to its IPO price (2.32
times today), there is nothing at all to worry about.



> Paul Wilkins
>
> On 22 July 2015 at 17:41, Simon Sharwood <simon at jargonmaster.com> wrote:
>
>> Uncomfortable with this article on the basis of correlation not equalling
>> causality. There are plenty of reasons the ASX hasn't tracked the US
>> markets lately. Absence of big tech companies may be one of them. Suspect
>> the fact we're in what looks like the tail end of a long growth cycle has
>> more to do with it, esp as USA is coming into new growth cycle after
>> dipping far deeper than we did post-GFC.
>>
>> S
>>
>> On Wed, Jul 22, 2015 at 1:25 PM, Chad Kelly <chad at cpkws.com.au> wrote:
>>
>>> Hi all Just noticed this on the SMH website.
>>>
>>> http://www.smh.com.au/business/markets/apple-google-and-microsoft-explain-the-problem-with-australias-sharemarket-20150721-gih04a.html?&utm_source=social&utm_medium=facebook&utm_campaign=nc&eid=socialn%3Afac-14omn0013-optim-nnn%3Anonpaid-25062014-social_traffic-all-organicpost-nnn-smh-o&campaign_code=nocode&promote_channel=social_facebook
>>> I don't know that this article is totally accurate though, as plenty of
>>> Australian providers have been investing in growing their businesses.
>>> But a lot of investors won't invest in tech if their is no innervation,
>>> and you have areas like the hosting industry hear in Australia  where a lot
>>> of the bigger players are buying out competitors.
>>> Plus a lot of tech companies hear in Australia are privatly owned, not
>>> publicly listed so its hard to find out whats being invested in. A lot of
>>> Australian companies in the tech space have global relationships and
>>> partnerships it is just they don't have the scale of the likes of Google.
>>> You can't really compare Google with the rest of the Australian tech
>>> industry for that reason as Google have a lot of funds that they can invest
>>> into projects.
>>>
>>> --
>>> Chad Kelly
>>> Manager
>>> CPK Web Services
>>> web www.cpkws.com.au
>>> phone 03 9013 4853
>>>
>>> _______________________________________________
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>>
>>
>>
>> --
>> Simon Sharwood | JargonMaster Corporate Communications |
>> M +61 (0)414 37 37 26 |
>> E simon at jargonmaster.com | W www.jargonmaster.com
>> 24 North Street Marrickville NSW 2204 AUSTRALIA
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>> Work blog: jargonmaster.wordpress.com
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>>
>>
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>
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