PAB 0.00% 0.6¢ patrys limited

Ann: Change of Director's Interest Notices x2, page-122

  1. 2,623 Posts.
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    No problem at all B - your post makes sense so why wouldn't I respond accordingly.

    Firstly, the broken clock analogy refers to the fact that a clock that is broken will regardless, read the exact right time twice a day.

    I don't dislike PAB at all mate - it's really quite the contrary but my sell sentiment is based on the fact that I am not convinced yet that it is going to rise substantially any time soon so I saw it as an opportunity for those that are presently holding to maybe make a few dollars in the meantime with a sell and buy back later and if you had of sold when I did and bought back last week, you would have made a bundle of dough.

    My PAB sentiment is not based on any shortcomings with Patry's other then trial deadlines not being met again (and that's mainly to do with covid of course) and the woeful state of the entire worlds economy and Friday we saw the DJIA close at a record high which is crazy really.

    I didn't sell my PAB for any reason other then I recognised a far better opportunity elsewhere and I sold my entire PAB holding at a 4.2c average and topped up with quite a few million more in another stock that was 33c at that time and is now 56c - the worst mathematician could easily see the profit that I achieved.

    I am not saying any of this to attract flak from PAB holders - you asked a question and I have answered it honestly. PAB has great credentials and if the volume was there and the price was right I would buy a substantial amount again for the run-up to September but if indeed it does jump before hand, then I will walk away happily and be stoked for the families of all the PAB investors.
 
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