Interesting view from Blackjack and yes I agree this is pretty frustrating . However , what I don't understand is calling the stock a dog and waiting for it to improve to get your money back ? The longer you wait , the more you lose because of better opportunities elsewhere .
With regard to the horse and jockey analogy , I'm yet to hear anyone offer any surefire ways to improve the situation. It's one thing to bag a stock but surely if you're prepared to do that then you must offer some sound plausible solutions. Otherwise your analogy is just sensationalist waffle. Good for a headline but it really has no substance. I don't see any other coal seamers going through the roof at the moment so is our management any worse than anyone else's or are they all rubbish ? I hate to be the one break it to you guys but I don't think ESG is going to replicate Pure Energy anytime soon.
Even those that have been in this stock for 10 years are sitting on almost a 4 bagger and that's at current prices . Consider DB's low ball offer and it might be a 6 or 7 bagger. Has your house gone up that much in the same time ? Yes , I know there have been no dividends and I'm not accounting for interest etc but if that's what you were after you would've bought BHP or CBA right ? Maybe you could've bought HIH , Onetel , Allco finance or even Babcock and Brown ?
Seeing ESG in number plates and getting a little heart flutter ? Man , that sounds like love , not speculative investing.
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