Micro-cap investing is not for the faint-hearted nor is it a quick road to riches as some may think....although I do wish it was a hell-of-a-lot quicker LOL.
I get the pain of holding for years....I have done it and I am still doing it and this investment is no different for me @patawalonga although by the sound of it, you may still be in the green while I still languish in the red, which makes waiting for me even more tedious
Some may think my posts here are nothing more than the ravings of a fan.....that's fine, everyone has their own journey to take and their personal opinion supports their own mindset and beliefs, which I respect.
My research on Wrkr to-date only reinforces my belief that Wrkr has a lot of promise. I can't fault Trent on his management of the business and he has kept us up-to-date as best he can under the ASX regulations.
When I back test my investment thesis against management's stated goals and achievements, I do not find them lacking.
Don't mistake my enthusiasm for blind faith, there is a lot of risk to play out with this investment and in time I expect a capital raise to speed things along when the time is right.
I make no claim to being a good investor, I have won and lost but I am still here 10+ years on, a little wiser to the games played but no wiser in how I can make easy money on the ASX
Like @jocko I still have a buy rating on the stock and if I had the cash I would buy some more at these levels although there is a good argument to wait for the next market up-date and or if we are lucky, a positive market announcement, so that we can get a better understanding of the company's execution progress and that may be a good signal to buy some more shares.
So, nothing has changed for me, I am here for the long haul or until my investment thesis is broken, then I won't hesitate to sell.
Ian
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