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12/12/24
08:34
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Originally posted by HappyPecker
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Billy your situation is similar to mine and I agree with the points you raise regarding cap raise.
My position in RIL is larger than everything else in my portfolio put together. I have been working on mentally accepting that this investment is lost. A few sleepless nights and some deep self reflection on my behalf.
Will I throw more money at this? Well this time of year funds are stretched and I’m undecided whether to throw more good money after bad. ProC seems like the only one I know who is taking up their full entitlement. I really wish him well and good luck doing so. I’m not sure if I have the risk appetite when considering where we are at.
If this thing limps over the line my holdings will be diluted to oblivion anyway.
Im still shocked that this is where we are after all this time. I even get anxious and not excited to check on the RIL threads anymore due to the negative mindset I have.
I will probably throw a couple hundred bucks at it just to do my tiny bit. Oh dear.
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I get it.
There are two ways to protect yourself from dilution & this isn't investment advice, just facts.
1. Participate in each & every CR.
2. Buy the equivalent amount of shares on market.
I assume there will be another CR to build a plant, so lots more dilution to come.