I guess a lot of people are very angry when they lose money azza or don’t get a quick return
I mean, following the threat of doom and misery that is prevail, and on the side let’s assume that the end is nigh for Xtc and that they are going to be delisted as so many are demanding that would have to be on the basis that they have broken some rule or law in a very serious nature
on that basis, then those executives that put their millions, it would lose their money, so I can imagine that would be some celebration and consolation to the many, very angry voices who expect returns and instant profits, and when they don’t get them, they spit the dummy with endless tantrums of abuse
and on that assumption of doom for Xtc, I ask what happens to all the assets in Argentina Southern Cross. Surely they are not worthless. I can imagine there are a few greedy people who would like to get a hands on the southern Cross and some of the other assets
so just taking all that into consideration, I will tell you what I have learnt in my 60 years on earth
things will turn around, and whether or not Xtc is the listed or defunced etc
One day, those assets will be very very valuable to whoever holds them
now, when we buy these, penny shares, we like to see them triple in value overnight, and make a quick killing, or some people do that
Penny shares are a very high risk with very quick profits can be made, or we lose everything, and that is surely unacceptable risk that we all take
My investment is in the hope of a long-term strategy where these operational opportunities develop and a company is one day worth a lot and a penny becomes a pound
We all knew the risk, but carrying on and stammering and whingeing about the executives
yes, I mention corruption in business and government because it has to be accepted and going on about how this company and its executives are greedy and selfish and how the ASX shouldn’t have petty shares
I think it is a lot of very sooky tantrum
s like children who never got their lollies
The world of business and stocks should not be entered into with anything other than a clear understanding of the corruption. The risk which we all take, and when we lose we should just take it on the chin and when we win, what do we do we celebrate?
because we got a piece of the pie
now, if these guys have put their millions that is the executive into shares, get a return for themselves, say three 400%, then myself, and many others w
ho bought in at the bottom, we will all be celebrating and benefiting from the corruption of it all at the expense of those who paid too much
Okay, or if we all lose what happens to the assets that is my question they remain and we remain shareholders of a company with assets and just because the Asx D listed doesn’t change anything
unless it then goes bankrupt in which it’s all wound up, and maybe that will happen, and for so
me reason, the whole lot of shareholders will be celebrating that bankruptcy
because they can offset another profits
yes well what an interesting world we live in
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