CNB 4.11% 38.0¢ carnaby resources limited

Ann: Annual Report 2020, page-13

  1. 2,651 Posts.
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    Apparently it’s an old Chinese proverb.

    I first bought at 10.5c in anticipation of the PFS. On release of the PFS the share price tanked to the 7s, which rattled me. I subsequently discovered it was Diatreme, Discovex and Syndicated Metals dumping their shares they received in consideration for the sale of the Tick Hill and surrounding tenements to Carnaby. I got some more in the 8s but it was hard to justify swinging hard after seeing the share price tank 30% days after investing. It was a painful but important lesson. I’ve been averaging up ever since then.

    Last edited by Artvandelay01: 18/09/20
 
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