1TT 0.00% 0.1¢ thrive tribe technologies limited

Ann: Appendix 4C - quarterly & commentary-RFN.AX, page-28

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  1. 59 Posts.
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    Guys i feel so sorry for anyone still holding this stock.Its been a complete disaster, especially now the main man and CEO has left the building.....never to return.

    RFN was by far my best trade last year by a long way. I bought in a few days after the float at 30 cents and road it all the way up to $1.96 and then a few days later after a poor cash flow update it went into free fall and i got out at an average price of $1.75

    Iv'e personally met Geoff Morgan and he is one extremely smart and successful businessman, which attracted me to the stock knowing he was an investor.
    I remember him saying Reffind was the best thing he'd seen in the recruitment industry in 2o years in an interview last year.

    I think myself very luck with my RFN trade as i've had some nice losses as well over the years. I had my first and only ten bagger in CAJ at $1.00 road it down to .45 cents sold half and road the other half all the way down to 12 cents and sold out completely. After many mistakes iv'e learnt over the years hope is not a strategy that works.
    Just sell your RFN even at this low price, take whats left, use the tax loss and move on.
    Could you imagine a cap raising and the dilution effect at this low share price. Unfortunately it will happen and another raising will come.

    Ah nearly forgot DNA and ASB still holding and sitting on nice paper losses.Maybe i need to listen to myself with these two holdings... Its not easy is it.....Have a great weekend All
    Last edited by blackxjr: 29/07/16
 
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