The lesson is (again) if the management team fails to deliver what they have promised again and again, you should sell the stock and move on. I learnt this lesson from BLK (now WMC), RSG and VRX. I lost $90 k (40% loss) on BLK a few years ago but earned $260 k from other two stocks afterwards. I sold VRX with some decent profits in Q1 and lost some when I repurchased and sold it in Q2. Since then I never touched VRX because I know Bruce is a liar. Luckly I still have 80% profit for this fiancial year because I follow the share trading and investment trend.
Ann: AGM Presentation, page-29
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Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $25.13M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 4.0¢ | $5.725K | 141.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 169043 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 163148 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| VRX (ASX) Chart |