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Ann: Administrators Appointed, page-128

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  1. 2,366 Posts.
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    You are not alone. It was a sickening ann for long standing SH's. I actually had a trade for some CAIO that settled yesterday. I was literally still paying out money after the administrators were appointed.

    This will cost me 250K personally + another 100K in my SMSF. That is a big deal for me. I wont need to sell my home or anything, but still, the 250K came from home loan redraw facilities so it means I have a big chunk more debt to pay off. Hopefully PM's take a rip in the not too distant future, and some of my other PM stocks make up for it.

    Like you I take responbsibility for it. It is a very big, very real lesson.



 
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