Too true – the share price here has dropped 20% since I got out last week. The one I moved into has gone up 22% so instead of being 86% down I am the equivalent of 44% down. If I had an urge to live dangerously I could buy more here at the cheaper price to await the certain success coming......but think I will take my chances on missing out.
For those of you counting on deep pockets to bail this thing out – just remember you will get diluted down unless you are prepared to stump up some cash every-time it happens. I own a stock which was actually the first one I ever bought about 15 years ago for a small try-out (SKR now MED). I originally had 7000 at 10c.
A well known wealthy guy from Melbourne got involved in that one - now I have something like 200 shares at .007 after multiple cap raises and consolidations. Guess its not even worth the company's while to cleanse it.
- Forums
- ASX - By Stock
- MSM
- msm trading
msm trading, page-22
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online