I don't see footie as an upramper, trying to offload shares to...

I don't see footie as an upramper, trying to offload shares to unsuspecting investors. Not at all. In far too deep and hanging off any positive comment thrown by management to support the idea that large fortunes for S/H's is but only around the corner would be my assessment.

It all comes down to exposure as a % of financial wealth. If you hold over 50% of discretionary wealth in one asset, of course you are going to hang on hope, whether in nominal terms that means $10k or $800k of exposure doesn't really matter. The higher the % held relative to total wealth the more emotional and reactionary you are likely to become.

I have 2,000,000 oppies the cost of which were around $40k. The chances of these even reaching 1c by end June now looks pretty unlikely, however it represents only a very small part of my portfolio so I'm just going to have to suck it up and move on. Living on hope is not a smart investment stratagy