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clock Created with Sketch. 17/04/23
17:51
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Originally posted by Oatmilk1:
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Sounds like some punters I know on a Saturday at the track blaming the horse, jockey, bookie, everyone but themselves. Anyone that's thrown money at ROO, or any other technology developer, mining exploration company etc needs to accept there is obscene risk for the chance of crazy returns. Have any of you guys actually ever work in technology development, its hard, there are 100s of challenges no one can ever see eventuating, and ultimately you need to ensure customers want the product at a cost point thats attractive. There are so many unknowns at the start of the adventure. Oh, and raising capital is hard, especially in the current environment, and especially when things havent gone well to start with.
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Wise words. But to all those who are deep in the red here (myself included) - don't beat yourself up. These things happen in the micro cap space. You can't expect smooth sailing. Shipwrecks a plenty...
(20min delay)