CDD 8.45% 38.5¢ cardno limited

It is Ok - I feel it is a well deserved "reward" for greed and...

  1. 4,976 Posts.
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    It is Ok - I feel it is a well deserved "reward" for greed and stupidity. My opinion of Renshaw was that he was a rubbish manager and that generally the company hadn't been well managed for years. When the share price started falling I bought back in (having sold out previously because I didn't like them). So broke all the investment rules......

    After a lot of squirming I am now only down $80,000 (which is a lot better than over $300,000 ). So I will just hang in and wait for a bit. I am resigned to not getting my money back, but every bit of price appreciation helps.

    Given that Crescent holds a big chunk of the shares, I don't think anyone can buy it unless Crescent agrees, so I am hoping they are greedy, rather than wanting to dump with a small profit
    Last edited by tamz: 08/04/17
 
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