Thanks for the kind words micky.Sadly there are some stocks that...

Thanks for the kind words micky.

Sadly there are some stocks that just seem to be haunted by bad timing. LNG has most certainly been one of those. The oil plunge was the beginning of our bad luck and then when things finally began looking up, the trade war arrived on the scene. We should really have expected it to be honest.

Now when we appear to have an interested party looking at acquiring LNG, we have the C virus causing havoc in all parts of the world. Had there been another interested party looking closely at LNG for a counter bid then the events over the past couple of weeks would most probably have helped them change their minds. UNCERTAINTY in the markets is generally a big negative at the best of times, as we all know.

So once again the timing could not have come at a worse time for LNG shareholders. Given no one is currently paying above 9c for LNG shares one would suggest that the market is not holding it's breath for a 19c plus takeover happening.
My thinking is leaning towards the takeover will probably happen, but given LNG's past history I cannot bring myself to open my wallet at this stage to buy more stock. It could very well prove to be an opportunity lost.
However, such is my lack of confidence I have with LNG and it's past failures that it's an opportunity that I am prepared to kiss good bye..

Good luck with your future investments micky. Sorry that LNG did not have the fairy tale ending we were all hoping for.

Stay healthy buddy, first and foremost.