Primarily i sold when i thought that it was going nowhere.
I have no concerns about that anymore, Al Hadeetha is the first fruit of methodical and pragmatic efforts by a well intentioned team.
Why i hold is a combination of a few things, but i could probably outline it:
i have bought a share of a business that i am comfortable with. i am happy with its board, partners, the commodities involved, the opportunity vs risk etc. This money is a long term investment, by necessity i dont want it parked in something that may go to 15c then back to 1c in the space of a year. it has to be a steady grower with minimum dilution and the blue sky would be if it returns a dividend or if saudi goes ahead.
Why i would sell, after all the due diligence i have done over the years, would be if in the event of unforseen circumstance i need the money elsewhere, or because of a dramatic change in the board or projects that i am uncomfortable with. I dont see much likelihood of needing to sell anything more than a few 100k shares here or there over time, probably just as a way of balancing the portfolio.
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3 | 78586 | 0.036 |
3 | 160000 | 0.035 |
5 | 395613 | 0.034 |
1 | 35000 | 0.033 |
Price($) | Vol. | No. |
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0.055 | 57270 | 1 |
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