re: Ann: Letter to Immuron Shareholders - Rig... "shareholder's believe that massive dilution is fine because we can buy more shares to average down but why should I have to double my investment in IMC just to average down to the latest Ridiculous CR.
what if some SH can't afford to average down again after the last CR @ .003 in 2013 well tough luck I guess. "
morning,
whilst taking up an issue is a pain in the butt - this happens with every dilution - the only difference here is size.
It can only be opinion, but imo if one invests (and I mean invests, not trades) in these potential high growth companies - one needs to realise one will either be diluted on the road - or one has to be ready to cough up at the requests of the companies.
In this particular case, I would have thought that if one is a long term holder or investor - or medium term for that matter ----------------- and truly believes that this company has the goods ---------- then this is so undervalued it is silly.
In other words --------- if you really believe in this company - then the sp at present is like picking up free lollies.
A dismal sp in a company that one truly believes in is an absolute gift --------- not a cause for anger.
Now, I have not been watching this company for long - so I can't pass opinion on whether it is the real deal or not - but, imo if you think it is NOT -- then the wise course would be to take a loss and find something better.
The real test of ANY stock and whether you should hold it is -
would I buy this today?
If you are a holder and you answer yes to this -- you are on a winner - whether you are on a paper loss or not.
If this thing is what a lot of you say and the MC will be far far higher when new sales come on and when/if new products come on - then this is opportunity time - not crying time.
I hope you all do well with it.
have a great day all
Pinto
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- Ann: Letter to Immuron Shareholders - Rights Issu
Ann: Letter to Immuron Shareholders - Rights Issu, page-8
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $22.79M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.6¢ | $11.63K | 120.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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10.0¢ | 5600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.097 |
1 | 13849 | 0.096 |
1 | 10638 | 0.094 |
2 | 10695 | 0.092 |
2 | 11000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 5600 | 1 |
0.105 | 151589 | 4 |
0.110 | 172780 | 6 |
0.115 | 50000 | 1 |
0.120 | 138000 | 3 |
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