I took a similar position barndog, way back in October 2013 when this spiked to 0.5c on massive volume, I jumped on board based on what I was reading on HC - many predictions of multibag action! Through that time I was optimistically waiting for all those wine sales, but... was very relieved when I dumped this out of my portfolio last week. My regret with this: not dumping sooner!
They have been using capital to 'stock' their wineshelves for months and months, but sales just arn't there. Begs the question, where are the bottles of wine, or where did the cash go?
I'll be hopeful for you Barndog that you do well out of your gamble, but part of me selfishly hopes this one doesn't go anywhere or I'll be kicking myself.
BPG Price at posting:
0.2¢ Sentiment: Sell Disclosure: Held
