Here's Michael Elliott, page-42

I know the whole concept of buying shares in a company when they are low, and then watching their value increase is a foreign concept to you. But it does happen on the asx. When they bought those shares years ago, that was in line with the share price at the time, management progress the project, shares go up. This is how investing is supposed to work. You had a similar opportunity to buy shares low, and watch them increase in value, you chose not to take it. I believe you have an opportunity right now to buy shares low and watch them go up, though I suspect you won’t take it. IMO