Not too concerned with the companies I have held because I agree with the reasons for the Capital raising and believe that the companies will come good.
It has allowed me to purchase the companies at discounted prices. For example picked up heaps of CXO at 19c and CXO has now gone past the CR and CPH has matched it. Same with VMY. I am not too phased if it was to come back and close the gap. Will buy some more at 9.5 and if it doesn’t get back to the gap then I will buy between 10-12c because in the long term it will be much higher.
VMY Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held