Hey Joe....your logic has been justified.
With URB I did buy in at the ipo but with 50% of ' my money', I had funds from DUET being 'sold for beads' and also the association with the WHSP Group warranted the put for me. I recognise that one is infrastructure and the other was energy. but the charter or intent of URB is at the core of growth IMO in the states they are targeting....well supported by the rest of the WHSP stable.
Even amongst all the volatility I have to say it was L/T pick. I think I also bought APL around the same time and that has quite different results to date. I think URB will outlive APL. But that is a wait and see for me.
Now at .98, URB are a steal. IMO.. and I feel comfortable spending the other half funds.
I will happy if my .97 buy gets hit ill just wait to sell the first trench
- Forums
- ASX - By Stock
- ALF
- Ann: Net Tangible Asset Backing
Ann: Net Tangible Asset Backing, page-14
Featured News
Add ALF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online