Ann: Completion of Upsized Underwritten $100m Placement, page-62

Lol, you may have just slightly taken my comment about $1000 profit a little bit out of context. Only a lot.

I sold $10k of shares today. But my sentiment towards the company is lower than it was a week ago. I've held this stock for 4 months and it's not the first stupid thing the directors have done. So I like the product, like the opportunity, don't trust management. So thats a risk, but not a gamebreaker. But it means I don't want to have $30k of shares. $10k is plenty.

So I'll buy my 10,000 shares back in the SPP. 9c/share cheaper than I sold. Thats $900 profit compared to just holding. Literally free money. But while I dont want $30k of shares, I can find another $20k of cash. So I'll buy the $30k of shares, and then when theyre allocated, Ill sell $20k worth. If I make 5% (thats 84c), that's another $1000 profit. Quite low risk there too. And that's at 84. I can also watch the market and see what I think as it goes. If things go well, could do quite a bit better than that, though the risk increases the longer I wait.

And then Ill hold my initial $10k, which I can hold or sell depending on future developments.

The share market is a game of risk. I'll take a 7% return for zero risk. I'll take a 20% return for medium risk. And I'll take a 50% return for high risk. I have all of those. I have companies I expect 7-10% on but see minimal risk, and I have ones I think could double or bust.

So I'm not "scrapping over $1000". I have an almost zero risk plan to make $900. And then a low risk plan for another $1000 profit, possibly much higher. And then I have my initial stake which I consider high risk where I want big returns, but given management risk do not want to increase the size of.