STX 4.76% 20.0¢ strike energy limited

Ann: Letter to Shareholders, page-26

  1. pjf
    2,196 Posts.
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    “pjf your way to sensitive suggest you review the size of your holding as it seems to be causing your anxiety levels to rise?”

    Not that it is any of your business, but as I have said here before I do have a reasonably large investment in STX, but if I thought that I had too much skin in the game I would not have bought more a few days ago, as I did, and I would sell some, particularly those that I bought at 7c in the raising and others that I bought cheaply at that time. As I guess you could have done.
    As with most here, I agree that it has been a slow process, and would have preferred that it was faster, but we were warned from the outset that the process had to be conducted in a slow and cautious manner if we ultimately want success. I am happy with where they are, particularly after yesterday’s announcement.

    “At this point this mob have cost me a lot in opportunity lost as I believed what they were selling, however I have still got this on my watch list.”

    Your friend indicated that your problem was sour grapes. You are responsible for your investment decisions. As you have no skin in the game you have alternative opportunities that those of us invested in STX don’t have. The negative views that you post are apparently due to your missed opportunities and have nothing to do with the ongoing results from STX, whose oppotunities are still well and truly there considering the current sp, so why continue to pester us with your negativity.

    I am optimistic about STX’s future. If not I would sell and buy more of another company that shows a lot of potential and whose sp is currently down also. As with many others here, I could have made a mint if my money had been in that company a while back instead of tied up in STX, but that was my decision not the fault of “this mob”. The pathways that we should have taken are always a lot clearer with the benefit of hindsight.
 
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