"(So I too am done and dusted with Pluton and can
only say ...I am very very disappointed with the whole saga
over the years...I'm gone.......)"
CatDog,
I think it is a little premature in saying what you are going to do. After all you would be so much in the red by now, (LIKE ME), that a little more is not going to hurt as much anymore.
My suggestion is, (and that is what I am going to do), is to wait till the next announcement is released telling us what they plan to do to get us out of the brown mud, before jumping to conclusions.
Like you and a multitude of others I am extremely disappointed with what has happened, but I am not ready as yet to throw the towel in. IMHO nothing would make the Chinese happier to see that we are all walking away from it, as they will end up walking away with the whole lot if we did. So give it time and think about it.
This next announcement could throw the light into what we are planning to do and make things looking a lot easier to handle.
Besides, it was to be expected that many shareholders were going to sell out as soon as we were going to relist because they had enough of waiting for that long without being able to sell their shares. Don't forget that many of them were just traders and day traders that never keep their money locked into a stock for any length of time if they can, and they would have jumped at the opportunity to sell, at any price, so that they could move on and put what they could realise from selling their PLV shares into something else, and back to work for them.
On top of that, consider all the stop losses that this price drop on our shares could have activate along the way, thus compounding the drop in price even further, plus of course any margin call and CFD's if there were any out there.
But you can DYOR, and base your final decision accordingly.
Whatever you decide to do, good luck.
- Forums
- ASX - By Stock
- PLV
- back to 40c few months later !!!
back to 40c few months later !!!, page-51
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online