TZL 7.69% 2.8¢ tz limited

History demonstrates that in practice, the primary function...

  1. 660 Posts.
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    History demonstrates that in practice, the primary function served by the vast majority of small cap listed companies is to enrich directors and executives - as well as the proportion of active traders who make fortuitous decisions as they clip the ticket along the way - at the expense of "investors".

    As for "investors" - we keep on punting, in the hope what we'll luck-in and pick the odd one which eventually provides rich rewards to long-term holders. Of course, we are hoping that TZ is in this minority category, despite having nearly bled out at the hands of Sigalla and his cronies.

    Also, if you examine new technologies which succeed, often one or more early owners have taken baths, with 2nd, 3rd or 4th subsequent owners reaping rewards, after the vast majority of development and commercialization cost has been written off and worn by earlier owners.

    "Thumbs down" or not, that it the reality.

 
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