18 days till 22nd july royalty announcement, page-22

Abobo

Thanks for the lesson. Please dont be offended when i do not enrol to your Investment 101 course.

I like this:

"Technically someone could own the shares and profit from it (even without selling it) because they can use it as a collateral for other things or even if it just to feel good that their net worth has increased."

I rang the bank manager and he would not allow me to replace the security for my mortgage from the house to my share portfolio. The only other thing shares can be collateral for in mainstream finance is other shares. And your salient advice must be ringing in the ears of margin lending participants of say, Opes Prime, Lift Capital and other margin lenders whom sold out the shares from under the shareholders because the REWARD as you call it, albeit on paper only, dissapeared overnight. And i'm sure people whom were in this situation are not feling good that their net worth was increasing....and then dissapeared... before they could realise the stock and take their reward or return on their investment.