FDM 0.00% 1.1¢ freedom oil and gas ltd

Ann: Change of Director's Interest Notice - J. Michael Yeager-MAD.AX, page-18

  1. 3,111 Posts.
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    I may well be a "Goose" but I'm continuing to top up at these levels.

    I'm not a trader so I'm less concerned about picking the absolute bottom. To me, there's not that much difference as to whether I pay 8 cents or 5 cents a share as I'm buying the same amount of shares - it will just cost me a little more if not picking the absolute bottom.

    But I believe MAD will be a 20-30 cent stock in the next year or two hence a couple of cents at the beginning is a little irrelevant. Galaxy is a good example - I'm sure 1 cent moves seemed huge at the beginning of this year but now people wished they had just paid the extra cent back then.

    No doubt oil is in for a volatile ride and may well go lower - but even that may play into Yeagers hands with the wise acquisitions he is making. One thing I do know is that when the time is right and the scene is set, this stock can move quite quickly.
 
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