AEB 0.00% $2.57 affinity energy and health limited

abbott is in, carbon tax is out, page-19

  1. 5,483 Posts.
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    "Sorry Sdaji we will call it 12 months then shall we? point being that you have been banging on about how the SP is going to crash since you started posting, and as yet nothing tragic has happened."

    No, I haven't said the sky was going to fall, I didn't even call for a sudden crash either, I said the downtrend would continue, which it has.

    "You can look at pretty much any speculative stock, I dare say that until they have a proven resource/tech they will gradually decline until the resource/tech is proven/disproven."

    Funny, that's *exactly* what I was telling you when the share price was in the 30s, and you and others abused me for it. As I said back then, and say now, even if AEB is ultimately successful, there will be a better time to buy in. You've just repeated the reason I gave a long time ago.

    "Its taken longer than expected so naturally its been in a gradual decline."

    Longer than you expected, not me. As I said back then, even a true believer would be better off selling now (then) and buying back in later. If you'd sold then and bought now you'd have a much larger holding without spending any more money and without having your money tied up all that time. I don't think now is the time to buy either.

    "Im a patient person Sdaji, I am all too happy to hold and wait until AEB makes it big or goes tits up."

    That's lovely, but your patience isn't rewarding you, is it?

    "Also I don't really take much notice of charts, they mean nothing to me, (and I know what your about to say so ill stop you there). I liked the story I done some research I took a punt and will wait and see. If I lose my money, never mind, I have more than made it up elsewhere. If I make money then thats just grand but I really don't care if individuals such as yourself sit on the sidelines and yell and scream about how crappy my decision to invest was."

    That's nice, but don't tell me I've been wrong when my predictions have been spot on.

    "Basically every point you have made that makes for a bad case against AEB has been a load of crap/proven wrong so i'm quite happy to go head to head with you on here until we go pop or go bust :)"

    What has been proven wrong? So far the price has done exactly what I expected, and nothing about the technology has been proven. You won't prove me wrong until AEB is turning a profit selling commercially viable algae oil and the share price is much higher than it is today. Even then I won't necessarily be wrong, I've always acknowledged the possibility of eventual success. I saw AEB early last year and took an interest. I decided that the economics were unconvincing and that even if it would ultimately be a success there would be a better time to buy in. The share price is now around half of what it was then, and I have put my money elsewhere, and on the whole doe pretty well. If sitting on the sideline while the price halved was a bad decision I don't want to make your version of a right one!
 
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