RE: Waste of Syme31 Oct 2020 14:38
PaulQ,
every investment is a risk that's why its not good to have all your eggs in one basket.
No doubt a lot of investors may be asking the same questions until we get the news we all want to hear. Everyone has their own journey here.
For me, this share was inherently risky. However, the business model makes the rewards worthy of the risk. So the decision to invest was binary. Either the concept works or it does not.
The same is true elsewhere with my investments.
Proof of Concept needs to be demonstrated by the BoDs. That's what makes investing to select the right Companies worthy of investment worth the time and effort.
Research is required to separate the wheat from the chaff. The research here is second to none (IMHO).
APunter, WeatherGeek, Savvy (to name a few) have provide vast amounts of information, projections, clarification etc, that would be impossible for me to do. There work also tells me that AZ is close in his goal of finalising his Business Plan. He has 7 weeks before his option expiration. So he has a target. Hopefully, he delivers beforehand. However, I am happy to give him time and not to alliw myself to be disgruntled.
One of my other investments (Avacta) promised to deliver mid Summer. Unfortunately Avacta has 'gone Trappist', which is also making people anxious. It happens. Nothing is straight forward.
I just have to wait for news to unfold.
Happy, to do that here. No doubt lack of news results in psychological warfare, ie share price drop. It happens. Just remember why you invested here and the potential reward. As I said the outcome is binary. This is true for all investments!
The important thing for me is that there are no technical problems! The concept works.
Hope this steadies the ship as we navigate through the next 7 weeks!
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