redux,
yes, Kris Sayce is taking profits on positions (just like many brokers/analysts), who push stocks...
pump them up...
and sell out, while letting their subscribers take a hit for the team...
team ASC...
not a good way to do business....
with the likes of OXX's recent listing of 11 WA permits (100% stakes), mcap of around 70million...
with CUE 15% Artemis free carry 170 mcap, should have the stock valued 170m into the market cap alone for Artemis on what MEO was trading at...
with TAP up and coming WA drilling, which has strong cash/revenue support...
what about MOG value....
lofty mcap coming down...
go figure...
This is a good lesson on how the market can suck punters into 400 million dollar market caps based on a permit...
based on fresh air...
Madoff is back in a different form...
and its these brokers/analysts/subscribing newsletters who are all to blame...
The World wont learn from the share market crash,
theres too much greed and profit at stake...
and its always the small investor that ends up paying...
Dont say you werent warned many times...
MEO will come back, the hype is just simmering while Artemis heats up...
for the investor (not the trader), you will get your money back if you hold out the downturn...
this will retrace somewhat, in time...
so as long as you can ride it out, you will get it back...
bye for now...
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.^sc
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