@StarbucksAndGo things seemed to go wrong when we saw that ugly downside crossover back in either 2013 0r 2014.
I didn't delve too deeply into why but was more interested in the now and how things might get to turn around.
It had to involve extra funds and that didn't worry me one little bit.
A good argument would have been put for the soph's to cough up.
I say we because I was not holding then. I bought in when I realized from share price action that something was happening
behind the curtains.
I started buying at 0.08, 0.09 and 0.01 and took the risk of a sink or swim. When I looked further into the fundamentals
and the business model - as much a real estate sort of investment as anything - it was too good to resist.
Forget SOI because that money was desperately needed and I actually saw it as a good thing.
We started getting announcements that pleased me and thankfully we had a few on here doing brilliant fundamental posts
as well. I'm not terrible good with computer skills or twitter or other stuff but I could not buy a share without first looking
at both charts and fundamentals.
Volume and that upside crossover confirmed heaps for me.
My charts go back to 1990 and I feel the more history the better I can get a handle on things. I'm not a trader so only
rely on a midnight download.
Going by my charts I would at least like to see us back at the 20 cent mark one day but I never do predictions to suck in
those who can ill afford the ride. Such things just don't happen over night though and with many shares patience is
needed.
I have talked in the past about some levels but bear in mind that some of those sophs will be selling on the way up just to
protect capital.
Going extremely deep and stimulating and fracking etc with a good team and the risk I concluded was worth it % wise. So
much work ahead of us too. I can only hope that success breeds success.
I may be getting sillier in my older age - 75 later this year - but boy am I having fun with specs. I've previously earned
well with dividends but I would never exclude looking at more cheaply priced shares. It will be where you can make the
greater gain in capital.
I am way more relaxed about my decisions though than many who do post on HC. A long answer from a slow typist.
Stay well. I think we are onto a good little share.
(20min delay)