Ann: Velpic signs enterprise deal with NRL, page-27

Wow, no offence Mayney, but what a seriously stupid comment.
Where do you think the SP is going to go for the meantime. Of course it’s going to flatline at either 0.8c where investors will sell what they have and free carry the options, or hang in at 0.9c in the hope of a 12.5% profit. It’s a no brainer, what’s done is done and bleating like a sheep and bawling on like a baby ain’t going to get you anywhere.
I’m not going to sit here and give you the old my balls are bigger than your balls story, yet I’ve been fortunate enough to average down over recent months to around the 1.6c mark, (or unfortunate depending how you look at it) yet have still lost over 50% of my investment, and approximately 20% of it in one foul swoop with what I consider a really poorly handled CR, and it’s a substantial sum. Yet sometimes as an investor, you have to step back, and reconsider your strategy, and take the punt on your research. Seriously, no one hear wants to hear your dribble here every day carrying on like a pork chop. It would be fair to say, everyone here would have lost money by now. Look at the graph, it’s barely gone up, yet if the share market was as easy as lumping some money on a stock, and waiting 6 months for the price to treble, we’d all be doing it.
I look at the current price from a new investors perspective. Market Cap around $5.5 million, (correct me if I’m wrong), revenue stream, and only projected to go up, not down. More then enough cash in the kitty for another CR, I have no doubt about that, an announcement recently that will provide another revenue stream, and good exposure, (mind you with a company I’m the first to say I’d never heard of, yet as I delve more, I like where this is taking us), and today’s announcement, which for me, is much bigger than the Nowforce one, as this one will create a massive amount of exposure, and in my opinion open a hell of a lot of doors. And most of all, it validates the platform over others with what it provides.
Again, I’m not happy losing money, but irrespective of what’s happened, and in hindsight mind you, maybe we all bought in too high , yet again, with a market cap of $5.5 million and what I raised before, this is an absolute no brainer in averaging down further. The market cap isn’t far off the Cash in hand. That says it all. Valuing the company and revenue as a pittance which leaves a lot of upside