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24/09/23
16:06
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Originally posted by PumpDumpChump1:
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I am taking nominations to hand out Certificates of competency for innuendo at an intermediate level for online forums. All forms are fully backed and sanctioned by the Madoff campus cafeteria who are rumoured to have oodles of the best noodles. For the record, I have more shares in ihl today than I did 6 months ago. I am also anticipating a drop in number of share holders that have more than 100k shares too. The 100m plus selloffs have enabled a considerable amount of negative sentiment gain that's compounded by the expected move overseas. The complexities of extra details that people need to consider will make it almost a compelling case for some to get out. For some it's possibly outside of their level of comfort for risk. Let's also remember any future change in value after the move will be amplified by the exchange rate. It will be hard to watch at times going forwards that's for sure. So why am I staying in ? 1. Belief in the status of disruptive medical technology getting approval and going to market 2. I am reasoning a weaker AUD over the next 2 years 3. Growth and experience for me in 1 of the largest sharemarkets in the world 4. Share price increase/ appreciation greater than what we can maybe comprehend right now. I can forgo the future movie deal at the moment.
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Good post mate, definitely tough to back your calls during times like these but if anything it's more important here and now than ever. As long as the company has not deteriorated, share price declining is NEVER a good reason to sell. Let's hope we can quickly put this chapter behind us