Just a few observations,
You cannot write off losses and still hold the stock,
And there is no loss or gain in any stock until you sell.
You say there isn't and never will be a plan, .
Have you not read announcements,
When this re trades it will have a new name, new assets, a producing mine that according to them will be cash flow positive, significant funding which has been very hard to come by in recent years since the gfc, if it comes out to plan as announced.
Will have new major shareholder which do not include Okap who do not have a single share.
Gordon Anthony is the major shareholder by a very long way, have recently put in over $1 mill again out of his own pocket and has offered to underwrite the entire $4 mill cr if needed according to a meeting this week with a fund manager.
So when you say there is no plan, what are you basing that on,
If you say you don't agree with their plan that is a different story.
Weather a company has a plan or not is not based on the last trade,
With a very successful investor putting in so far millions of dollars to become the largest shareholder in the company,
With the offer of many more millions of dollars, having direct negotiations on behalf of the company to me would suggest he knows more about this than the usual commentators here who have lost all their money on other companies they once owned.
Who would I believe, a person who has bough 1/5 of the company, who I know his name and don't hide behind nics, or a few people who have been cleaned out by poor trading on other companies, not aiw
We see all kinds of wannabe experts here who probably don't have 2 coins to rub together, but when a person like Gordon Anthony puts in real dollars, and a lot of them, I tend to believe successful people,
I am not in this because of Peter Landau or Okap or any of the ones who have performed badly,
I am in this purely because a successful person has seen the assets, had a lot of meetings and negotiations, and seen fit to put his money into this and a lot of it.
Would I follow him or a bunch who are obviously failed traders
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