I didn't reload.
I bought at that price.
Sometimes I'm right, sometimes I'm wrong.
Not sure of FIG's COR - but $50M is quite cheap if you agree for this business.
Think about this - you've got shell companies that have reached $40M-$50M in the past.
You've got companies awaiting drill results that have reached higher than $50M ..
This business with all it's issues - can you say today, that it's worth the price of those shells?
Hence why I've taken a punt.
perhaps i'm wrong.
that's fine. Nothing bad about being wrong. I"m a shortterm trader.
Just think $50M mc for this is a bit cheap.
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