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clock Created with Sketch. 29/11/16
15:42
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Originally posted by joewolf
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Actually maybe you should look back at PGC we backed management in 2011 and were significant investors from that point only dropping down in October 2015 after a huge cap raising that raised more than its market cap in one hit. Really the fact that you have been here for over 2 years is irrelevant in the scheme of things. As of today that share is about 463% of what our initial cost per share was. Even today we think its undervalued but the market is just that a market. That's also not our only one we have others but at the same time we almost lbuost a lot of money trusting management in MHM - pure luck - that was also supposed to be "disruptive" pity that the process was not as easy as it was made out to be... We lost money on mining services...
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Ok you've been around. so whats your take on this? I believe you when you say instos don't consider it an investment stock.. they wont until the money is declared, so D day is the next 4c not far away. Thats the Australian market. The percieved delays says to me the company lining up its ducks, considering the ye2016 projection.
(20min delay)