Ann: PTM announces turnaround is required and underway, page-12

If anyone on this thread was ever a business owner, they would understand the challenges that even the best encounter, and the time it takes to execute change.

l find most of the light weight post PTM announcement comments from non holders not even worthy of reading.

l am now more confident than ever l will be in a position to achieve a 100% return of capital or better, from a very poor investment decision l made years ago to buy PTM.

ln addition, l will have been paid an average of 5.5% p.a. in dividends (based on original purchase price) while waiting. Speaking plainly and selfishly, as PTM is one of my worst investments, l am reasonably happy with the prospect of a net 5% + p.a. return.

My result, will be the same as many others who are less vocal here. Value investing is not infallible and certainly not for the faint hearted or the short sighted.

All those investors who have averaged down at great cost, facing the abyss, spoke with their money, not with cheap comments posted on a public forum.

I believe the bottom is in for PTM. With an intra day buy below $1, l hope to look back at this week with a little more satisfaction than what l had on Tuesday. I

If that proves not to be the case, my life will not change a bit as diversification is indeed a valuable safety net for high risk trades. Very large wins can cover many losses.

GLTASH