1TT 25.0% 0.3¢ thrive tribe technologies limited

Ann: Loyyal Investment Update, page-96

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    Loyyal's worth may not be so black and white. Much like an old house, the seller no longer wants it, someone buys it and value-adds, and sells for a profit. RFN obviously see some valid play going forward. At the very least, if they successfully bid, they'll transform Loyyal in some way to put lipstick on a pig for a pump. That's about the only thing they're good at.

    New prospects may be formed for Loyyal, attracting new investors. Failure is attributed to management a lot of the time. There may have been a lot of political infighting and wasted money by previous management. There could be hundreds of factors. I expect the Loyyal saga is not a simple binary assessment. Then again, it could be.


    Last edited by AdVictoriam: 05/09/20
 
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