I did panic - I just didn't do anything about it apart from kick myself for not having stop losses in place. I don't know that a stop loss would have worked with the comparitively large holding I had in the event of the share price rout that hapenned.
I'm crap at picking the top of a share price. I had placed orders to sell the oppies at 15 and 16 cents to offload the lot in the hope of buying fpos at the same or lower on the next retrace. I could have done that from 11.5 down to under 8.
I am happy to have managed to salvaged a very acceptable position and avoided some difficult decisions on raisung conversion finance elsewhere.
The 50c target is a nice warm feeling, and if it get's there in the medium term, even over 2 years, I will be very content. I can't wait for the speculatin to be about when she will hit the dollar!
Regards,
Keith.
TOX Price at posting:
0.0¢ Sentiment: None Disclosure: Held
