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29/10/24
13:48
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Originally posted by poppypop
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That's how I lost 90% of my investment on ERA. I think PEN share price will continue to plummet over the next 2 -3 weeks. Nobody wants to be invested in a 20:1 consolidation in a speculative uranium company unless it's after the fact with no more capital raising on the cards. Without anymore info from the company and a daily negative Uranium price, with the AGM on the 21st of November is the next key milestone. I think 7-9cps is a reasonable price target before then unless uranium price jumps over 90 a pound 10cps + could be on the cards.
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“That's how I lost 90% of my investment on ERA.”
That’s dumb imo… you bought ERA at the top cycle (not bottom cycle) & you also chased price (not value).
Noob doesn’t understand the difference between the top & bottom market cycle, they also chased price based on fomo.