VRC 12.5% 0.4¢ volt resources limited

Ann: Trading Halt, page-16

  1. 5,794 Posts.
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    Peliatan,

    ""What does the GT and Possum think about all this?.""

    My thoughts are you should probably sell your stock, as you seem to be under constant stress and not coping very well with this investment. You have obviously lost confidence in Management and therefore you should move on and reinvest your proceeds elsewhere.
    When investing in a company you always have 2 choices Peliatan. You can either sell or you can hold.
    I remain in the camp where I am still a believer in Managements ability to get the job done. Obviously they require additional working capital which is the norm for small companies trying to establish themselves. It's part and parcel of what small cap companies do. As a shareholder we would prefer that the company does not have to raise money, but I would imagine it will not be a big raising, so any dilution will be minimal.
    I would rather they do that, then not do it, and then put the companies future plans at risk.
    However, if you continue to stress on an hourly basis about the direction of the company then perhaps you might consider selling out and relieving yourself of further stress.
    Food for thought.

    Not too sure if those thoughts are helpful or not..

    Cheers.
 
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