Here we are at 10cents, whilst I am a holder, I cant help but look back at the last two years and see that all the "expert" posters with all their bashing of anyone who had criticisms of the company and management were completely and utterly wrong.
View attachment 5282245Its brutal to see this price action, and Im sure I am down a hell of a lot more than even some of the most bullish posters, but Im just posting this to show, no matter the following on a stock, and how many so called experts are bullish, posting their analysis, the reality is its hard to get winners on the ASX.
Ive posted this stat before but since inception of the ASX there have been around 37 500 companies listed on the ASX, and only around 2 300 left listed today, so only 6% of all listed companies ever listed on ASX are still listed, and of that small percentage of survivors listed only around 500 make money. Its hard to get on a winner, a lot of holders here in IHL were in great profits at 60cents, dont know if we will ever see that price again , especially with the amount of options , etc on the table , so lesson here is to take profits along the way. Im sure there will be more chances with IHL and other stocks. Just remember look out for your wallets and make sure decision making is based on stats rather than hopium on hotcopper ! Onwards and upwards for all of us!
