ODE 0.00% 0.3¢ odessa minerals limited

Ann: Public Offer Now Open, page-13

  1. 1,983 Posts.
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    At the moment for the ordinary investor, this looks like a high risk speculative investment.

    But for experienced investors, depends on how you look at it.

    There is only 5m market cap to lose COLLECTIVELY for ALL investors combined on the register. Peanuts

    If you have money and you want to average down. You will probably struggle.

    Most you can lose is 1x. Growth wise it is unlimited because of the extreme small market cap and youth of the company.

    Because averaging down is a double edged sword, I don’t care if it doesn’t go down. But I would be more than happy to invest more if it does go down, esp if I am making money on other assets. Put some profits into FGO? No problem at all.

    Am I a smart investor or a lunatic. Let’s let the share price and the court of public opinion decide shall we?
    Last edited by Tian8824: 08/01/22
 
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