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clock Created with Sketch. 10/01/24
09:47
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Originally posted by asyne:
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I bought into this company some 3 years ago due to its story/promise and dividend at $3.60 a share..Thought if they didnt deliver on the the promise then at least it would hold its value as it was at the time.Boy was I wrong , total company value destruction by management down to 30 c a share.So my holding is now worth $3k from an investment of 20k. What a disaster.Cant write off the loss on capitel profits as its in my DIY super fund which is in pension mode ( so no tax on earnings) hence an outright loss. Whisper management are a bunch of idiots and I wont be selling into the Soprano offer even it means I lose the balance.
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i believe your investment experiences are a lot better than most of us. don't need to have emotions over any stocks. look forward to the next investment.
