Hi SJ,
Yes, I am expecting and prepared for the worst.
Dropped a bundle in a simliliar fashion just last month....60,000 AUD on expirig oppies. Again, startied to buy into the 'story' late last year and it happened to be just that, a story.
AND before all the closet traders, investors and amatuer FA's come out of the cupboard and AGAIN tell me, 'this is a spec stock, balh, blah, blah....do not invst more than you can afford to lose and risk this, risk that'.....I have been happily investing and making a return on that investment for over 17 years and I luckily can afford to lose another 40,000 AUD (my EXMO take) if it comes to that.
What I do not comprehend though, is why is it I deemed unreasonable and impatient by the "faith full", when one judges that after researhing and investing in any stock/Co.....that the minimum the Co could do is execute that plan in a timely fashion.
To me, one could be forgiven for thinking that the EXM board (and others) at times, are workng to destroy shareholder value rather than create it?
After all, even spec stocks' Management work under the same ethical (lol) as the rest.
Cheers and here's hoping.
K
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