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RYG general topics, page-101

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16/12/15

22:25

Post #: 16630736
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Originally posted by Mitzu007 ↑

What haven't management delivered over the past 6 weeks. I will say that again... One and a half months at the most since they started moving forward with all the attention. Not 6 months. Not 1 year. Not 2 years - mere weeks. This is a start-up. This has future potential. Not results today. Or yesterday. I don't get it! They have kept the market updated on xped's products, patents, upcoming roadshows and what management are doing to forward the concepts and products. They have successfully raised a decent chuck of change from large investors. They have also offered loyalty shares to actual holders (not traders who want profits last week) for supporting the company when it becomes xped, that will actually put dollars in the piggy bank when exercised. They seem to be doing what they can to reduce dilution, keep real shareholders happy and everything else to engage bigger players on the potential of their technology. (usually management of small companies go... Screw retail investors and let's give our "mates" shares at a great price for contributing and everyone else can get stuffed - and also pay me a handsome salary... But I'm not buying shares in the company because that's a gamble).
I would understand people complaining if they held for years and the price has plummeted. But I reckon most of the whingers bought a fortnight ago expecting 50-100% gains weekly. That is not a long term hold nor an investment. That's called a punt in a special stock to cover the rent from week to week. Ryg have kept the market better informed than many other companies in a similar position... Perhaps that's the problem. A well informed market can't huff, puff and make stuff up to get a quick minute profit. Traders don't want details, as they want to provide their own spin (some great spin masters are on these forums) and use a lack of info to hypothesise and push a price up (then move on and say it was all imo and do your own research.
Anyway... Go through ryg's announcements and you will see a lot of info to make a decision on risk versus future potential on a company that hasn't even relisted yet... And that doesn't mean potential tomorrow on a day trading thread or next week. That means potential after time to grow a business. They have certainly kept the market up to date on current processes to become a new company, future vision and the target market with dollars attached if the product is taken up by 15% of the IoT market. It's all been discussed repeatedly.

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Hey great post!

RYG Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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RYG general topics, page-101

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