Certainly an expensive lesson for many of us, Jennifer. My biggest paper loss by a large margin also.
Being new to investing I didn't fully appreciate just how risky IBX was. Had I done so, cashing out at 20c would have been a no-brainer.
Or at least breaking even in the 1st half of 2021 as it dropped like a rock. Capital preservation would have been a win in this context, given where are now. 2021 was crazy busy - plus generally crazy - and at the time my approach was buy & hold. The portfolio wasn't my main concern. Wasn't in the top 10.
Still, did anyone see this glideslope to zero materialising almost uninterrupted since that time?
I can't see an improvement until Bob departs and wholesale change is made to this company. Blithely riding it down from 20c to 1.7c, does anyone believe the current management are the crew that will turn things around?
GLTAH.
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---|---|---|
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4.1¢ | 11682 | 1 |
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4 | 172993 | 0.036 |
3 | 120571 | 0.035 |
1 | 20000 | 0.034 |
1 | 18750 | 0.033 |
Price($) | Vol. | No. |
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0.041 | 11682 | 1 |
0.042 | 205207 | 1 |
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