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Originally posted by Chair-Face:
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I agree rick, 33% is not a bad return at all. Of course, that all depends on the initial investment, 33% of Not much is still not much. I averaged down at 3c because I honestly believe the share price should never have gone below 10c. (Based on Cancet and the land next door to Nemaska) The board are solely to blame in my opinion, regardless of the downturn in the sector.
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I'm only selling my shares for a profit Chair, and my average is still 12.9. So there's at least 4 bags in it for anyone buying now if I achieve that. I wouldn't average down though, because I feel I have a big enough stake here already and I am more interested in spreading risk across my portfolio. It's not just that I'm incredibly dissapointed in and not at all confident of management
