Acquisition SP, page-3

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Dale6rar

201 Posts.

04/11/15

17:32

Post #: 16325644
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Originally posted by M17 ↑

Afternoon all

I've been away all day attending to other matters but one thing that's been playing on my mind for a while now is what your thoughts are on a realistic SP once an announcement comes through and what your plans are post acquisition news. Not looking for wild guesses (if I wanted that I'd go over to the BRN threads) but genuinely interested in your thoughts if you are willing to share with others.

While I have never been involved in a MW shell from so early on before, I did however make some good coin from VTX/O back in June/July and I know we are on to a winner.

I'll be honest and admit that I went overboard buying SRT/OA (SRT especially) and now sit as a Top 10 (not 20) shareholder at present. Having such a large holding, and knowing what MW has done in the past, it really has me all over the place on how I am going to play this one out. I do have the funds to convert all of my options should the time come, so I have to factor that into my plan as well somehow.

While I have taken profits several times here, I have always bought back in within a couple days and am now in a position where I am no longer looking to trade any more shares, but to just hold off and see where this heads in the future.

Any and all points of view welcome (within reason)

Cheers

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Profit taking at around the 5 cent mark and then see where the rest end up.

It All depends on the acquisition though. If it's something that gives me a bit of pucker I might move my prices up.

My entry price is .08 so I've already doubled my money. But I won't be selling before news.

SRT Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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