NRZ 0.00% 0.5¢ neurizer ltd

A lot of us on this forum have been around since the pre-PCD...

  1. 196 Posts.
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    A lot of us on this forum have been around since the pre-PCD days and have a long term outlook for LCK. This is just another derisking milestone for me.
    Am I disappointed we're not 50c+? Absolutely. Does it change how/when I'll trade this stock? Absolutely not. Just keep accumulating at these levels and sell in 2023 for 5-10 times the current SP.
    If it's one thing I've learned from my relatively short amount of time investing, particularly with mining, is it takes a lot longer than anticipated to send the SP rocketing.
    The difference between the announcement of the PPL and the success of the PCD, is that the the SP had taken a significant hit during the operation of the PCD - We'd dropped from 20c to 8.9c. This time we've rallied from 10c to 18c prior to the announcement. Also, I've noticed this year there's been a lot more "buy the hype, sell the news" than previous years. BUT! When people sell the news, it provide a good opportunity to buy, as often the SP rallies a few days later.
    Chill out and enjoy the ride - the outlook is good from here.
 
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33 23064843 0.4¢
 

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0.5¢ 14619540 7
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