ZMM 3.03% 3.4¢ zimi limited

The trouble with this is that QFY owes you nothing me than any...

  1. 34 Posts.
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    The trouble with this is that QFY owes you nothing me than any shareholder who bought shares since its BD listing.

    WHL failed, for reasons that aren't relevant to QFY. At that point the assets were liquidated, some of which were bought by QFY for expediency. Whatever the share price of QFY was at the time of that asset purchase, that was market value for those assets. You seem to think that QFY owes you something; it doesn't - it paid you in shares. If you kept those shares then you essentially reinvested in an entirely different concern.

    If anyone invests in a technology startup with a time horizon of less than three years then they are, imvho, misguided. Development, pre-manufacture, manufacture, marketing, commercialisation all take time. The risks are high but the potential upshot is large.

    It's unfortunate what happened to you and others with WHL. Incesant tantruming won't fix that.
 
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