RNX 40.0% 0.9¢ renegade exploration limited

lack of interest, page-8

  1. 3,351 Posts.
    Noreen,
    looked through all your posts and observed that you had bought in at 33.5cps and 28.5cps from Nov 2010. As such, you are accurate to imply that you are at a small loss at the moment...

    But what is more important is to understand the reasoning behind your investment. Your purchase was just less than 3 months ago...as such, you should have known that through doing proper due diligence in OVR [i.e. with presentations, financials, news releases etc], it was clear that 2011/12 is the year for its rerate...there are numerous push indicators in the coming months that will probably offer you a sale price [in my opinion]. The fundamentals of OVR has not changed and has in fact got better in the last 6 months...

    Volatility can be an opportunity or a risk...its up to you to decide.
 
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