AIS 0.00% 28.0¢ aeris resources limited

The decisions were incredibly risky and Andre got found out. He...

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    The decisions were incredibly risky and Andre got found out. He shouldn’t have treated shareholders money like he would at a casino. Most holders well in the red now. The problem is now he’s forced to go into a conservative mode which will likely mean it takes a lot longer to get back into profits and build the business back up again. The ride back up definitely won’t be as fast as the ride down was. There will be a lot of patience to be had, but if it’s played well the company will definitely survive imo. I have put this down in the bottom drawer and one of the biggest investment mistakes I have made. However at the time it appeared to be one of the best places investments. It was just catastrophic management decisions that killed me. I have put a big red line through Andre and the management team to never deal with them again in AIS or any other future entity.
    Last edited by coto: 20/12/23
 
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