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16:19
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Originally posted by dynofish:
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To be totally honest, I did not feel bad about not selling, because I did not have a crystal ball that would have allowed me to make a clear judgement of the after tax situation I would have, as it would largely relate to the price the share retreated to after withdrawal of the takeover offers. The likelihood of a major pullback was well understood imo and I said so as long ago as June 3. What I did not foresee and what possibly swung the pendulum towards the notion that I should have sold some, was the low price for the capital raise ($1.80). Some on here fail to mention that large institutions with plenty of insights were happy to pay that, and unfortunately LTR management had to suck up the "emergency" nature of the raise.
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Hear hear @dynofish , well said. I am in a similar position to you. Nothing to do or really say now but wait. If you don't want to endure the stupid posters just ignore those that don't hold. We are either going mining with Gina onboard or we receive a take over offer from a JV that she puts together. I am happy with either although I prefer mining as we will be richer if we do. We can't really effect this though, it is out of our hands.
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