No, formerly I bought in Frankfurt, in the meantime I trade on ASX, in Frankfurt the spread was too big. But I was not trading in the last weeks after I re-entered. And as I stated during my re-entry, it was my most shizophrenic investment because I was buying shares although my sentiment was and still is sell. So at the moment it is a pure FOMO investment and I am still overall sceptic as you can read in my comments.
Being debt-free is indeed a good development, the rest we have to see. And of course I hope that my comments are too negative and the SP will develop upwards. But I just don't like all those over-optimistic and in my opinion blind comments here on HC, thinking that somebody artificially is holding back the SP and in reality it should be much higher. The SP is where it is and in my opinion this is reality and there are good reasons why it is there.
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- Far East Capital - weekly commentary - 9 Dec 2023
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