agreed BoB. Free carry is the opportunity that @Hashimoto has missed out on if his sentiment and discussion were true reflection of trades. I am glad that I had that discussion with him, understood all the risks and made a strategy to ride with big boys like IOOF. Now free carried so no risk of losing my capital. I will not sell these 30,000 shares until it gets to its fair value based on revised LOM plan. I must say that IOOF and those guys are not noobs and they obviously didn't just buy because they felt like it.
DCN is in trouble- no doubt about that but name an operating company that doesn't see a low spot in their operating life. DCN and Rohan has a thing or two to prove and they are not out of wood yet but risk/reward is pretty good at this stage.
even 49 cents is a pretty good entry point.
- Forums
- ASX - By Stock
- DCN
- Ann: Mt Morgans Operation & Corporate Update
Ann: Mt Morgans Operation & Corporate Update, page-754
-
- There are more pages in this discussion • 235 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)