I have been reading some knee jerk and frankly unqualified comments on the future of Wangle and the Apps success. Everyone vested in this company needs to reconsider the basic facts again and exercise the same business acumen they had when they first committed to buying in.
The tech bears a tangible advantage over its competitors.
The tech will be integrated into hardware that the management envisages will be used extensively in the future.
The tech is cheaper than its competitors.
These are great markers of a start-up.
That being considered, it is also obvious that the management team is inexperienced, considering the timing delays and to a certain extent a lack of foresight with delivery. Not forgetting that this is a penny stock, Wangle remains a wise choice of investment for high risk allocated money within a share portfolio. Placing this in context with the flooded Australian market of mining stocks makes this particular company even more attractive.
Please, those who are concerned, just Calm Down.
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