WRR 0.00% 16.0¢ world reach limited

I liked the company's team too much and overlooked the risk. I...

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  1. WHY
    846 Posts.
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    I liked the company's team too much and overlooked the risk. I could have got 3x return, but only got out at 2x.

    You see, with the Inmasat phone recall in Q1 and Iridium talking down Go! in their own conference call, I saw a week first half but chose to believe another Go! order is coming in H2. I don't think the company deliberately misled, but that was a big miss IMO.

    Now we shall see whether the current development project will go according to budget and whether the inventory built up will be absorbed. Otherwise, they might have funding shortage... well, that's gonna be a killer.
 
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Currently unlisted public company.

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