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Cl8 in 2016, page-72

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herm

735 Posts.

19/02/16

08:54

Post #: 17060919
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Originally posted by lollot ↑

Took some more oppies at 0.6c too (probably from Herm), so I am more confident with the average price of my holding

Which is the same price I paid when I first bought CL8O in April '15

Unfortunately from a technical / psychological (they are the same anyway) point of view, the problem with falls like the one we just had is that while last year I - the average punter - let the options run well above 2c before pulling the trigger, this time I most likely would sell much earlier, unless we get a monster ANN.

Good ANNs will be met with more resistance than what we had last year. I am however glad that the registry is quite tight and there isn't much free float. But we need a re-rate type of ANN now as single digit % growth won't do.

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@lollot , I didnt end up selling any, ( boy I can be stubborn), but I also completely agree with the rest of your comment...lets hope we get a super re rate type of announcement in March!

CL8 Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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