another down day, page-35

re: another down day - ozeb Hi ozeb,
i do still hold some sen. i sold 110k at 60c before they went down to 50. then i bought back in as they went back up at 59c and was too slow to sell at 68c the next day (unlike bettyboo). so i sold out at 60c. not much of a trader am i?
i will look for a rentry point but at the moment it may fall further or hover where it is.
I dont disagree with the long termers tho. when you sell you cough up 50% in CGT and if you were lucky enough to buy at 5c then .75c dividend is an absolute cracker. why would you sell that? especially when you know they will make $11mil by june and pay probably 1c dividend.
Its a fantastic position to be in. Warren Buffett would be wrapped.
however for me selling out at 60c cost me $12k so i had no reason to stay in and lose more.

regards andrew