1TT 0.00% 0.1¢ thrive tribe technologies limited

RFN Chart, page-85

  1. 13,667 Posts.
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    Ddzx time to give it a break mate. The whole revenue issue has been discussed. In my opinion management had an opportunity at the recent AGM to reiterate to the market forward revenue projections and growth plans but they didn't. Sometimes you need to hold retail investors hands. It only takes a handful of sellers to create negative sentiment and cause a snowball affect on the share price.

    Look at some AGM's of late..RNT, CXZ..both very well presented. Opportunities to address the concerns of the market and reiterate growth and forward plans. The heavy downturn started immediately after the AGM and I must say even though a number of investors have contacted me and advised management stuck around after to discuss with investors the damage was already done.

    Investors then began to look for other reasons to bash her down further such as total downloads and drive even more fear.

    IMO it's only short term damage as this company, the product and management will turn it right around. Not fun times seeing the value of RFN get belted but that's the market for you.
 
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