AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-174

  1. 1,827 Posts.
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    mr I am not one for defending management but we have all done tremendously well as well . NF saw his 37m shares crash from 37c to 4c and stayed on for years and suffered prolonged berating when he could have dumped at the high and ran away . I think the rewards have been great but so has the risk and the uncertainty and the determination to get us all back well into the black and most retailers at least a healthy profit ,


    If anybody has been well looked after it’s the longs who held the faith with NF and that faith has now been vindicated . I have no doubt that recent entrants will be equally well rewarded .

    remember that to keep going you need people to stump up 35m every now snd again. People who risk that amount of dough when it’s desperately needed by you snd I to make even more bags will clearly want rewarding … handsomely . It’s how it works everywhere in the western business world . Is it fair ? No . Would we love to get the same returns if we could by giving our money to DRC folk who have none but need to reward us for our investment so they can make money on something they already own ? Yes I reckon is the answer . It’s the same thing when you think about it? We are just smaller beneficiaries in the chain as we have less to invest . Capitalism , not fair by any means but we want to make an easy from a position of strength too …, yes ??
 
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