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clock Created with Sketch. 21/01/23
21:04
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Originally posted by bungalowbill:
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I sold out at 10 cents, it simply was going the wrong way . Matt is a great bloke, but it's a problematic sector, a litany of failures . Don't get me wrong it is one very fine product & will be hugely sought after. But the time it takes to get it up & running & the amount of capital & subsequent dilution will mean, maybe those at the very end might do OK,. but the original shareholders bear the pain as issue after issue is undertaken at under-market prices which will sap the value of the original holders. I'd hold but wouldn't buy anymore, as averaging down works maybe one out of 3 times
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https://hotcopper.com.au/threads/ann-investor-presentation.6895402/
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