I was worried once now I've given up,
Finally sold half of my holdings some at profit some at loss. The rest I've written off for the foreseeable future. I really can't see them turning it around any time soon. They spin the same old reasons every half and I'm bloody sure we'll hear it again at the AGM.
Regulatory approval delays, product licencing delays etc. End of the day there's a elephant in the room and it's called Aristocrat.
It's as simple as that. Superior product fueled my massive cash flow, hefty R&D and reoccurring revenues.
Going to take something amazing to beat them.
BTW I feel so much better now that I only have half the exposure.
:(
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