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16:30
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Originally posted by Fatman8:
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As a part owner of Spectur am happy with how things are run and turning out and growth rate. Investing at this end of the market pre revenue is pretty frustrating their is a down side and an upside in when you get in or out, and when the market wakes up. You can always use a stop losses. You are not the lone ranger when it comes to being in the red but did support the company in the 5 for 1 CR my full entitlement as I still have faith LT in the product and management and Spectur. Take Nearmap NEA for example was way more in the red than on SP3 and that went from 3 cents to $4.29 it took time to reach that price with 2 billion MC and in the ASX300 and ASX200 for awhile that company played with airial imagery and revolutionised the mapping industry. The CEO Rob Newman was paid 1 million a year and they never broke even and ended up rolling out in NZ , USA using profits from Just Australia took 7 years to break even, Then they rolled out Canada expantion when USA was near break even. Eventually sold privately for $2.10 a share. Patients is all it took.
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Big credit to you mate for supporting the company by taking full entitlement. I couldn't afford to take all of mine, but am pretty sure they got enough to not hinder any plans.
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