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11.1% 0.8¢ tempest minerals limited

Ann: Meleya Update - Significant Discovery At Orion Target, page-581

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  1. avagadro
    13,166 Posts.
    lightbulb Created with Sketch. 1275
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    31/03/22
    12:55
    Post #: 60548330
    It's just a de-risking strat.

    You put 500 in, it gains in value enough for you to pull that same 500 back out. Your remaining investment is now risk reduced (not truly risk free because co's can fold).

    Sure, you lose some potential future profit on that but your investment is now just variations of profit.
    Last edited by avagadro: 31/03/22
    TEM Price at posting: 18.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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