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clock Created with Sketch. 16/07/20
12:42
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Originally posted by Mozza01:
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I bought in around Oct-17 at 6c with cash I had available. It rocketed to nearly 30c within 4 months and I sat there with my jaw on the ground accumulating on the way up. I bought chunks up to 23c! Morgan Stanley then put out their “oversupply” view and things fell pretty rapidly following that. I kept accumulating (averaging down) and have been able to pull down my avg. buy to just above 7c now. I’ve accumulated a fair sized holding and I have more confidence in it now at 3.7c than I had at 23c.....as so many more boxes have been ticked since.
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Thank you for sharing that. It was a great insight into a long term holders perspective. Gave me a lot of confidence as i'm considering purchasing quite a bit more.
