Ann: Appendix 3B - Issue of Ordinary Shares and Unlisted Options, page-54

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Cosmo64

219 Posts.

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04/01/19

17:43

Post #: 37027545
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Originally posted by Basileus ↑

Originally posted by ContrarianTiger
Growing pains and cash burn. It's what happens when a very small company has to scale up to become a big one.

The idea behind investing in micro caps is to find one that scales. Any company that wants to be successful has to go through the same thing.

If if you want something more stable you really ought not be at this end of the market. Look for something in the top 300 instead.

Who knows when you are looking in the top 300 a few years from now you might just see us there and kick yourself for not buying at the current pittance that it trades for.

As always DYOR anything I say is not advice.
"
Growing pains and cash burn. It's what happens when a very small company has to scale up to become a big one.
"

Been going on since 2015 have those 'growing pains and cash burn'.

"Who knows when you are looking in the top 300 a few years from now you might just see us there and kick yourself for not buying at the current pittance that it trades for. "

So why not buy when it has been de-risked?

From my perspective - same old attitude is expressed by holders in many small caps - "fingers and toes crossed - completely ignore the facts - rely upon hackneyed cliches and just hope like hell"

I think this is exactly how many directors of micro caps are able to fund a tidy lifestyle. Sell the dreams and collect an 'executive' salary. Perfect set up.

And you did not seem to address one fact that I noted in my previous post. Any reason?

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I’m feeling very confident and I feel we are in a much better position than than this time last year.
So I bought a lot more .
Basileus I’m in my 60s and don’t need people to give me advice so please don’t go downramping
this company I’ve been in for 3 years now and not sold one please give us holders a break

TV2 Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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Ann: Appendix 3B - Issue of Ordinary Shares and Unlisted Options, page-54

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