SXL Time to Accumulate, page-51

Yes I bought in January through to March pre covid, as it looked reasonable in an overall expensive market.
Then covid came along, the bottom fell out of the market, with everything falling, my world opened up. So many buying opportunities, and in additional advertising is heavily reliant on the economy as a whole.

Next thing I knew, a massive dilutionary capital raise. I subscribed in full. But after the institutional SPP, I was buying on market as well. There was lots of opportunity to buy additional shares on market when the share price was around 12c.

Once the market priced SXL above 22 cents I saw my exit window and cashed out.

Remember guys, no point looking at historical prices for this stock. The massive SPP at such a low price means that the number of shares on issue has gone through the roof. Radio is NOT a growth industry, its a supposed to be a cash cow. Dilute those shares to Kingdom Kum, and there is no way SXL will ever get to its pre 2020 share price levels.