tanny, each person has to make own judgement. Should be based on your risk tolerance. I dont like losing money either, but to make money thats the risk.
This company may go under and you will lose the lot. In 2 years time they may realis etheir assets at decent prices and you may get 70c back.
My opinion is that someone will either take this out at between 40-50c , or it will take 2 years to get about the same back. I dont know which. I am hoping for a quick gain (I bought 20c) but I may cut my position.
Is there any property experts out their??
RRT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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