100% agree @Klue.
Had a similar scenario well over a decade ago involving a major land locked gas reserve and after waiting more than 5 years sold the investment at a small loss as it was clear that unlocking this reserve would take at least another decade. And true to form, a decade later, there is still no progress and the same set of LT holders pumping the value of this resource are still there today. The share price is a shadow of its former self however I truly hope for those LTHs that one day it pays off however waiting nearly 20 years, I do not even want to calculate the opportunity cost of merely holding and not acting.
Let's all hope for a very different outcome here. I for one am very positive on the outcome and that is why SHP is my largest holding by far.
GLA
Cheers
Kosy
- Forums
- ASX - By Stock
- Ann: Investor Presentation
100% agree @Klue. Had a similar scenario well over a decade ago...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHP (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.75M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1158518 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 395501 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1025185 | 0.012 |
3 | 1800000 | 0.011 |
6 | 850595 | 0.010 |
3 | 2212243 | 0.009 |
2 | 203100 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 395501 | 4 |
0.014 | 969487 | 3 |
0.015 | 100001 | 1 |
0.016 | 230845 | 1 |
0.019 | 200000 | 1 |
Last trade - 13.51pm 11/07/2024 (20 minute delay) ? |
Featured News
SHP (ASX) Chart |
Day chart unavailable