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Thrifty

143 Posts.

18

30/12/20

12:26

Post #: 49862417
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Originally posted by Bones01: ↑

A company called ziptel went down the gurgler a few months back. It was bought out by Douugh who only wanted it for it's licences and permits. Ziptel shareholders were given Douugh shares in exchange for their ziptel shares. It wasn't the perfect deal for ziptel shareholders at first, for all.
However the dough shares peaked as a 16 bagger at its highest point in a short time allowing the smart ones a chance to sell at the high and recover some of their losses, some actually profited. I think it's fair to say that is not a normal occurrence for investors.
We may recover a portion of our investment, all of our investment ( highly unlikely ). Or lose the lot. AIMO. As it sounds like we all expect to lose our $, if we get something back it's just a bonus and a lesson learnt.

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Bones, hopefully that's not just magical thinking and we do have a slim chance of a reasonable outcome. I suspect one of our nemeses will be along soon to say 'tell him he's dreamin', but until then we can bask in your optimism

VEC Price at posting: 1.2¢ Sentiment: None Disclosure: Held
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