Rauul you are dead right, always leave something in it for the next person that is also my philosophy.
Anyway I thought the shares were allotted on Monday, so I would expect them to dribble out a few mil or 300k at a time and there were alot of people that were averaging down to 5 cents. I said before if the Directors were buying this is "a insiders buy signal"
In my opinion from similar SPP issues and dates etc is when the shares are finally allotted the sophisticateds will get theirs first then the brokers and then us the bottom feeding mug punters.
I wouldn't expect to much "pull back" on the issue of these shares or assuming that this might/not happen as I have no doubt there is a truckload of cash headed our/NWE way. If you sold at the moment would that you "sophisticated"?
So If you are waiting for the pull back folks as I am sure everyone will be pssst (including goldy) I don't think it will pull back quite as far or into the 5's as we all may hope it will. I suggest to take a small position and add to it as you feel comfortable, so in other words if your losing sleep at night because you think youv'e missed the Boat/train/lambogini or whatever just buy in and be done with it!
I do however wish all holders and Non-holders all the best in the future
In all my opinion of course
Selling shares and not holding onto them has cost me ALOT more over time anyway!
Cheers
Goldy
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