I was fascinated by his claim that I would need to be part of the management team to have that many. Checked my records and my largest purchase was on 17 July 2017 when I paid 0.009 of a cent for each share. The most I paid was the 3.5cents per share recently to convert the many options I received from a capital raise. Even at this low ball price the holding is worth over $200 000 but cost me just over $92000 to date . It can be done. Many on this site will and have similar stories Though like some of you I probably wish at times I had sold when it was around 20 cents, especially as unlike you Australians, New Zealanders don't face the same Capital Gains tax implications, though there are some. Why didn't I sell ? Probably because I believed even at that price it was undervalued. I just wish the management team would concentrate on realizing this value.
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---|---|---|
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Price($) | Vol. | No. |
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9 | 3733807 | 0.028 |
4 | 781370 | 0.027 |
5 | 787999 | 0.026 |
3 | 295081 | 0.025 |
Price($) | Vol. | No. |
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0.031 | 1842477 | 4 |
0.032 | 264405 | 4 |
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0.034 | 114471 | 2 |
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