parity, page-35

Yes race2, as I mentioned I did leave some on the table for the next guy. Poor timing but then I generally do better holding more than 12 months on strong fundamentals. Because you asked...

My main reason for selling is that from a risk perspective I thought PLS a safer or less risky investment. Even though I was aware the pfs was due there were doubts around other aspects of AJM direction which rarely gets a mention these days.

Some of my concerns are still re the Singapore listing being put on hold/The vendor debt, cash position, limited size and type of deposit, and other managerial concerns ie seems coal is still very much part of who they are.

All the above influence the amount I commit to an investment and when I take my profits. I have been very upfront that I have been trading AJM. It hit my target, while PLS fell lower back in
my buy zone.

I hope for all invested it goes on with it. Theres a fair bit of chatter in the day trade thread, so long term the fundamentals tell a compelling story, but short term I would expect some volatility.