I dont think you have learned a lesson Resourced. Investing in TIS involved buying a share of the company. Nothing to do with trusting others with your money. TIS are not financial advisers. You put up capital, that capital funds certain activities based on a proposition. No guarantees. Welcome to the equity market. Businesses and projects and cases fail/lose quite regularly.
Ive said this a number of times over the years. The stock mkt is for sophisticated investors only. Its not appropriate for ppl who dont fully understand business or business investment. Having said this Im not against opening up markets so everyone has the opportunity to access it.
The company was exposed to execution AND regulatory risk. Both of which eventuated.
TIS Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
