Australia's largest stock trading and investment forum Australia's #1 stock forum

TPD

Click for more information

0.00%

21.0¢ talon energy ltd

The sunk cost fallacy.. but also so close now so makes sense to...

First 40 Last

Share
Profile

Follow
wot

10,206 Posts.

1443

04/07/23

15:14

Post #: 68613767
Share

Originally posted by Goldfinger99: ↑

I would love to sell and make a small profit.

My problem is when I do that, inevitably the share price goes up (after I sell). This is what I have been telling myself for the last number of months as cash flow is imminent.

Well a few months ago it was not as imminent as we were all told. In fact we were led to believe no capital raise would be necessary as Waylering was just around the corner. What they forgot to tell us is that Waylering was in fact just around 5 or 6 corners.

This is our directors, STX directors have no responsibility to TPD Shareholders.

So my issue is do I sell (and then watch the share price go up) or do I hold................................and hopefully the share price goes up, and that could be 2 or 3 more porkies off yet (maybe more).

Expand

The sunk cost fallacy.. but also so close now so makes sense to hold on.. That said I just made a better return on ldx in 1 day than tpd is likely to yield in a takeover.

TPD Price at posting: 17.5¢ Sentiment: Sell Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

VUL

Vulcan appoints investment bank and M&A veteran to board

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

There are more pages in this discussion • 147 more messages in this thread...

First 40 Last

Add TPD (ASX) to my watchlist

SPONSORED BY