it is all good, no need to explain everyone has their own risk tolerance and ideas. I have been quite as well simply put I really don’t care what people want to say or do. I found it amusing that people think that I had moved on even though I have clearly said multiple times about my original decision and thought process being that when I originally purchase it was a 5 year outlook I had on when there would be some amazing things happening if they keep continuing on the right path (which Mogul has). Some people know me personally and they already know that I hold integrity really high in my values so if I said that I mean that (and still mean that).
To me I actually enjoyed buying more at 0.7c yesterday, do I want the SP at 0.7c no when selling but I sure did like it as a buyer and as before I am not interested in selling (others do and that’s fine).
Besides the SP the business is still the same as it was yesterday/last week but if anything better than where it was before the AGM a few weeks ago. Why? Mike is still as passionate as ever. Cameron, Kate and Mike are all very optimistic about Mogul as they are wanting equity. So either this is a project they are doing for the fun of it but I could think of millions of better way to spend my time then doing this for shares that have the potential to be worth nothing so if I thought that would be the case I would personal just take the money or ask for 10-20% in equity but these guys (and girl) are wanting overwhelmingly majority in equity with Kate wanting 100% equity meaning she is actually paying to be on the board of Mogul as she needs pay tax on those shares. So who PAYS to be on a board of what some people are thinking it is a sinking ship???
I may not be the smartest person in the world and would also assume that Kate isn’t to (likely smarter than me) however I would have to be very optimistic to work for a company and pay tax on the equity I’m receiving.
As I started out earlier before I can certainly understand how you might look at the -% on the P&L and feel it is just easier to sell as a sleep or night factor to me is the ultimate DD on if you think it is a good decision. I sleep really well at night in fact my wife gets annoyed I hit the snooze button so many times so you could say I sleep extremely well. For me it is that gaming/esports is a big industry and as a gamer this is something I have enjoyed and feel more gamers would want it so as Mike said on the ticker interview today and previously Mogul is striving to be something like the Facebook of gaming.
only time will tell who has made the right decision from a financial sense but certainly glad you have felt better after selling.
ESH Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
(20min delay)