1TT 33.3% 0.1¢ thrive tribe technologies limited

Ann: Quarterly Appendix 4C and Commentary - 31 Mar 2016-RFN.AX, page-86

  1. 3,017 Posts.
    lightbulb Created with Sketch. 1844
    Ok guys, I will keep this very simple. I have been a supporter of this stock based on facts provided and guidance etc. I believe as shareholders we have been mislead and information provided has been poor and bordering on misleading. Based on today's facts I have taken my medicine and sold. It's my biggest ever loss in 10 years.

    However, I feel much better about it already and am planning on where to put what's left. So all in all I feel blindsided by the company. "Rapid Growth" and all that. With time it may work out but I have seriously lost faith and trust in management. One of my golden rules is if the facts change and it no longer looks like doing what I expected when I invested then I will move on no matter the loss. I should have known better than to put as much in as I did and buy on the way down but that's greed for you. And I learn another lesson. Anyway, lesson learnt, loss taken and I will move on. It will take a little while but I feeling better already.
 
watchlist Created with Sketch. Add 1TT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.