EGO 0.00% 12.0¢ empire oil & gas nl

Why 100:1?, page-242

  1. 5,673 Posts.
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    Your basis of understanding is illogical: capitalism is predicated upon the belief that everything is required to have a relative value in fact even in barter economies one chicken will, equal a variety of other commodities. So your house is worth nothing until you sell it ... Really I suppose by way of that logic CBA is worth nothing because all they have is pieces of paper owing to them and owing by them.

    Really if you die and they value your assets they take your shares and coins and multiply them by the current price. I still have around 100,000 shares in INT - Oh dear they went bust - but I cannot be bothered to sell them too unlisted - I have therefore never lost on any investment as I never sold the shares ...

    By way of your logic we should all be praising the board for the wonderful chart we have that pointing towards the ground into which you want us to bury our coins.

    I now choose to respect your view that you have not lost money until you sell. Please respect my right to have an alternative view.
 
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