KBL 0.00% 0.1¢ kbl mining limited

Buyers and Sellers, page-13

  1. 2,968 Posts.
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    It is a gamble. It boils down to risk vs reward. A small play of even $500 worth could become $5000 or $10000 in a short period of time. It could also fall to $200 or $0 as well.

    I'm in with 700000 units for $3700 including brokerage. Have an open order for 500000 more units at 0.4 cent. Works out be less than 1/2% of my nett worth so in the scheme of things it is not a lot of money for me if it goes bad and I lose the bulk or even all of the stake. Potential return could be 10x or more of my stake.

    When buying into a risky stock, penny stock or otherwise you should only risk what you can afford to lose.

    If one can not stomach a loss or bare to see red arrows on their portfolio screen, then the share market is probably not for them.

    Sentiment: Not above this level.
 
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Currently unlisted public company.

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