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100% 0.2¢ thrive tribe technologies limited

Ann: Director Resignation-RFN.AX, page-61

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  1. thunderhead1
    11,687 Posts.
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    28/07/16
    15:54
    Post #: 18390323
    I am not going by the share price, just what they have done up to this point.

    Agree that the rewards from this point can be very lucrative, but equally, the company could fold after eating even more of shareholder funds through capital raisings. We just haven't seen evidence that the offering has any real traction.

    Another red flag is a co-founder leaving soon after founding the company, without any big rewards attached (quite the opposite actually).
    Last edited by thunderhead1: 28/07/16
    RFN Price at posting: 9.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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