29M 1.06% 46.5¢ 29metals limited

Enterprise Value can be an illusion when a company is in...

  1. 3,551 Posts.
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    Enterprise Value can be an illusion when a company is in trouble. Asset values can and will be written back.

    Planning to hold here. Rather than averaging down I shall deploy cash on stocks with more manageable risks.

    Then, if and when appropriate to do so, i could buy more on significant good news.

    Something like that.

    Any punter can buy a wrong stock. The thing is not to then feed the thing and allow it to be a drag on the portfolio- or worse.

    IMHO DYOR
 
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