ARU 6.45% 14.5¢ arafura rare earths ltd

uh oh...., page-16

  1. 5,802 Posts.
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    G'Day Pirra :))

    Good to see you pop in here - some of us were getting concerned about you.

    If you got in back in 2005, I mustn't have been long after you - I got in on 6th January 2006, then averaged up into it on a few subsequent occasions on dips. I obviously didn't hold as many as you did, but I still had a lot.

    But I finally broke and capitulated in the last few weeks. As you may have seen in a couple of the threads, I sold half my holdings when they announced that they were cancelling the cap raising late last year, then I sold the rest when they first announced the slow down of work at Nolan's. The announcement on Friday was confirmation - for me at least - that I'd done the right thing.

    As the Captain said, though - even though you're free carried, is there any point in holding on? The money sitting in ARU is just going to accumulate an opportunity loss - it could be working for you elsewhere. I put the money from my ARU into more LYC on the pullback of LYC the other day. I think it stands a much better chance of showing me some returns, much sooner.

    But, as always, each to their own. Good to see you here, and I wish you - and all the others still holding - the very best.

    Regards,

    NS

 
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