FDR 0.00% 5.6¢ finder energy holdings limited

Fundamentals and General Discussion, page-365

  1. 483 Posts.
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    Agree, I personally doubt this sees 10 cents ever again. Let alone the 20 to 30 cents the local cheerleader who's been saying it's a great deal for 3 years.
    One of my worst investments ever. I started buying over 20 cents years ago and I've been told it's a great buy all the way down to 5 cents.
    Bagger at 12 cents.
    Smart buying at 8 cents.
    You'll be a genius if you buy at 5 cents.
    If I get any smarter I'll go broke.

    *Be careful who you listen to on HC, no matter how clever they sound.
    Use logic, if FDR's assets were so great, the big boys would have bought them before this 10M MC did and if we have all this value, the hourly profit on any of the top 10 players in the area is equal to our MC.

    So, why haven't they bought any of our amazing assets or FDR outright?
    I think we all know the answer.

    He's a fun game. Add up mgmt. salary the past 4 years and then compare it to our MC.
    Ya...that's what I said.

    Sorry, I guess we'll just have to wait and wait and wait for another year or is it 5 years while mgmt. eat well?
    Labour UK's win is a bad cloud over our assets for no other reason than the other party was pro-oil.

    Even if this mess gets back to 10 or 15 cents. the lost opportunity in so many other shares is something you can never get back.
    For me, FDR is only good for 1 thing...the tax loss that never stops.


 
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