great job, Grant, i would never ever spend so much time dig so deep into this small cap. To be honest with you, I never had doubt the SP would increase in a long run, once again, I can foresee the "value", but If I wont to invest on one share more than 12 months, my expected return would be way more that 50%, for this share, I do not have the faith. Besides that, my initial target return is 50% in 6 months, obviously, I failed. that's why I pulled out, when the faith is going with the managment.
that's is the thing, when you have a plan or target, when it didnt work out the way you expected, I pull out. Thats my strategy. I hate waiting game, i dont think its the best way to maximise the return. Basically, if you put $10 into investment, you will double your money money in 5 years if the return rate is 15%. my expected IRR is 100%, so this share does not follows into my category.
Question yourself, how much this current value of this business? its the "perceived value" manipulate the investors
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