CAP 6.00% 9.4¢ carpentaria resources ltd

Hello all (in particular 5hareholder),I have been in this stock...

  1. 62 Posts.
    Hello all (in particular 5hareholder),

    I have been in this stock for some time - my average is around $0.40.

    There has been much talk about possible outcome from the current power struggles.

    If a takeover was to take place, judging by some of the above comments, it may not necessarily come at a price high enough for me to walk away at break even or better.

    Where as before I was willing to wait the few years necessary to see a return to my investment, my concern now would be a low ball offer before the share price has an opportunity to recover sufficently to cover entry point.

    So my question is .....
    If you had a choice, would you average down in case of a low offer or keep current investment level in the hope that high enough offer will eventuate.

    My thought would be to average down (would not require a large investment on my part) - Would appreciate peoples thoughts?

    Thanks Mezz

    ( [email protected] )
 
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