Someone told me to stop complaining about ARQ's poor ASX poor performance and told me if I am not satisfied to sell out. That person proudly posted that they are doing well, having been in ARQ since it was 60c.
It's not as simple as that, mate. lol rofl
One can be very dissatisfied but not prepared to sell out because one still believes the stock to be very undervalued.
Anyway, you'd I'd probably have rocks in my head to sell out of ARQ just before their Canning Basin exploration gets underway.
PLUS I know, as ARQ has indicated they are on the acquisition war path.
As for doing very well in ARQ because your purchase price was 60c . .. I'll be generous and suggest you got into ARQ when it last traded around that price - late May, early June 2003.
My word you don't set your goals very high do you?
To just make about 150% in a stock over a four years' time frame during a raging resources boom is pathetic imo.
You have badly underperformed the rise in the price of oil and you have badly underperformed the XEJ ... our Energy Index.
It has risen from about 4,000 to 15,000.
So if ARQ just performed in line with that index, your investment at only 60c a share should now be worth $2.25.
Enough said.
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