Daily Discussion, page-2740

I don't hold the RDNOA's. My only focus at the time was soaking the RDNO's at less than I bought my heads ( point 7. ) ... knowing I had a price target of 6.5 cents on my research ( which we achieved ) , and that for point 3 / point 4 outlay , I was going to return at least 2.5 cents when I convert.

That has now obviously proved out better than I had planned , but sticking to your plans at least ensures you have done the math required to make it happen when you decide to convert....., or when it has to be done at the latest. Right now I am happy to hold them so that the liquidity for them remains tighter than you'd already expect on such limited supply.

So what it proves is that by my calculations , i was able to achieve just as good of returns on these RDNO's than I got on my point 7 of a cents heads . But in less than a month of taking that position.

If I was holding RDNOA's knowing how I operate , I would just let them ride until we see where this stock is in 6 months time . And it wouldn't phase me as I would have bought them cheap . And they are still trading at a slight discount for those who are buying now with an expected longer term view and higher SP in 12 months time.

My strategy was to ' Juice ' up my short term returns from this stock which would allow me to gain more heads at 4.0 cents. If I could have bought ALL 50 million of them , I would have. However , I've got enough of them to keep me happy.....