The statement is so ridicoulosly worst case that even if this worst case scenario were to eventuate we should be buying more. This is part of planning for the trade.
Hopefully there won't be such dilutions.
Just trying to make a point about planning for the downside. Upside planning is easy (well sometimes).
I had 1 million shares of PDN at 2c..I was told to sell half everytime it doubled. It went to 10$ and I only had a few thousand. Oh 10.6os to be exact. Still a trade that warrants never needing to trade again for income.
Reminds me of DaVNet etc..
There the once in a lifetime trades which I think will only be repeated again. History is known to repeat itself.
2000 it was technology and any "stupid" mining company going .com (haha opening website). Lately its been commodities..Next..
Well that next is the Golden question..
NAB, CBA, BHP etc will not make us rich...but these species will. But it also depends on your age...Older you get the lower your tolerance levels are towards risk.
Happy Days...
URM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
