Here's a tale that should warm the hearts of all those who have justifyable contempt for fund managers and careless punters. Some years ago I lobbed a mil into a wpac's wrap account. One of their enlightened picks was BSL. I pulled out after watching their accounting fees eating up my capital and v poor results generally. For reasons probably explainable by some sort of fiscal blindness, I kind of lost track of the 4500 shares. When the rights issue arrived in the mail I dredged them out of a bottom draw spread sheet and was amazed to find that I now held a minus 11.5 bagger. Got rid of WBC's other crap picks long ago, thank god. Any suggestions what I can invest the beer money residue on for a posible plus 10.5 bagger or should I just give it to The Alzhimers Foundation. I might need their help one day.
BSL Price at posting:
$2.34 Sentiment: Sell Disclosure: Held
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