Hoping for everyone that has stayed with Mel that there is some good news around the corner.
When the State Govt offered that 25 million insulting offer and ERM sold all their holdings that is when I pressed the SELL button. Can only describe my feelings, pressing that sell button as having your heart rammed down your throat. At least I have accepted my losses now and no longer have sleepless nights worrying. The taxpayers of Australia are just going to pay for my full aged pension when the time comes.
PS. The 800,000 or so Philip Amery shares had prior were given to him not paid. I had 900,000 shares. I broke the golden rule in that I did not spread my risk by diversifying and put all my money on the one horse and lost.
MEL Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held
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