selling pressure, page-4

Bobcat, was doing some research on this the other night (have held for a number of years, one of the first stocks I bought on recommendation of a friend, learn't a lot of lessons from this). Was planning on holding up until 30 June to sell for a loss unless something happens in the mean time (i.e. by some miracle it goes up). Are you suggesting it may not last on the ASX until then? To be honest, it wouldn't surprise me at all.

From the last annual report, the mining assets planned for the IPO a couple of years ago were written down to nil and amongst all the other shonkiness they entered into an agreement through a broking firm to acquire shares in a Canadian Coy, only to lose over $500K in value when the broking firm holding those shares for BRO went bankrupt.

The only thing I could hope for (aside from maybe making $1 of operating profit on their business?) was that BRO invested some funds into FAS (a Coy which Vaz is on the board of) which has done very well over the past 6 months (check FASOA). Perhaps not so?

I've long joked I own shares in the worst Coy on the ASX, maybe I'll need to find a new joke?