Been a tough ride for the long term shareholders, but every now and then patience gets rewarded.
I bought ASXXB about 5 years ago and its had its fair share of a bumpy ride, held through the years and continued to average down at the lows. I am now sitting on a tidy 500%+ profit with a mortgage paid off.
IMC listed at quite possibly the worst time... Travel restrictions & clinical trial sites halted..essentially this sat idle burning cash for several years. Those times are now truly behind us and I think a new found optimism is warranted.
I am quietly confident on this, and if I were an exisiting holder, I would average down as much as possible. This will re-rate.
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1 | 7004 | 0.079 |
1 | 25000 | 0.078 |
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Price($) | Vol. | No. |
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