PLT 8.86% 72.0¢ plenti group limited

convertible notes, page-10

  1. TTH
    1,255 Posts.
    Redfaces,

    When you say 'are you guys buyers or sellers at 12 cents?'

    ...

    Firstly, I hope you're not refering to me as 'you guys' ... if you read what I said yesterday, I described myself as the 'hold-onto-the-entire-holding-and-wait-for-multi-multi-bagger' type, as follows:-
    >>>>
    I've actually been wondering about how this would play out for the past year, being a convertible notes holder myself (the hold-onto-the-entire-holding-and-wait-for-multi-multi-bagger type). As I've disclosed, I've also been buying since then (from 60c half a year ago, all the way down to 24c a couple of weeks ago), as I still think it's a great investment for the relatively meagure SP.
    <<<<

    Secondly, although I've got no spare cash left for any more investments, if it got to even 15c I would start selling others so that I could by more PLT by the bucketloads. 12c and I'd be tempted to sell every other share I had to buy more.

    Just because this week's announcement disappointed the market in that it will have to wait 6 to 9 months (maybe a year?) more, the big news is that things are still on track. TruScreen is selling, volume manufacturing is in place, CerviScreen looks to be on track for approval & test results are good ... it's all happening.

    It just so happens that a lot more shares have become available today, that's all. Nothing wrong with the company ... buy, buy, buy. I note that so far today there has been good buying support at 20c (so there should be).

    Cheers.
 
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72.0¢
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73.5¢ 1061 1
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