Papabuy, I am one of those who purchased in the old money, also...

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Ramallah

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30/11/21

12:17

Post #: 57959600
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Originally posted by Papabuy: ↑

There would be many SH that had purchased above this offer..$4.65 --or--$0.58 in old money.
Some have stated , Longer than 10yrs @ 70c 80c over $1 = $8 break even! and have believed in the company and Ian D..... after all those YEARS they lose ~40-50% of their investments...not to mention the profits of investing elsewhere for 10yrs.

To be clear, I am not one of them (thankfully)
All my SXY shares are in the green......BUT it isn't the point of just "Profit Making" ...Believe it or not there is such a thing as ETHICS investing......
Do you really want to sell out to Foreign RAIDERS of our land and resources for a "very quick and hefty profit on this investment" as you say?

@Gwaihir ...I also would like to know ID, next move.... I personally think he will move on, but only an educated guess.(most of them do)

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Papabuy, I am one of those who purchased in the old money, also took part in the cap raising, so at todays 4.60 offer I am still in the red. I was fortunate though, took advantage of a price drop when some mob were manipulating the SP again and picked up a bag at $2.95, takeover was unknown at that time. Still holding those and that is where my profit now lies, now in the green and after 10 plus years of holding,
I have had enough, said many times this has been a tough ride with SXY, anytime good news announced, the price went down, I have never seen a stock that deserved so much but through circumstances unknow it never has realized its true vale.
Those bashing ID is unfair, he and the board have done a great job over the years, to think otherwise, short memories!!

SXY Price at posting: $4.30 Sentiment: None Disclosure: Held
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