POS 20.0% 0.4¢ poseidon nickel limited

Red, If you are asking me, I have a significant parcel and do...

  1. 405 Posts.
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    Red, If you are asking me, I have a significant parcel and do not intend to tip any more in!! However, I keep reminding myself of a statement I made in a post a while ago, that if I took the opposite course to the one I chose , I would be much richer! In short, at current prices, with a chance of a resource upgrade and an $A potentially in the mid to low 50's, I should , but I know I won't be adding to my holding. However, I intend to semi - hibernate for a time with a good supply of Corona (the other one) watching Netflix and hopefully finding a thoroughbred winner or two! Knowing when to go back into the market, particularly this down turn, is, of course, difficult to assess. Key points to watch for, in my book, are China getting back into full production and a vaccine being developed. Then, who knows, a significant market recovery could happen in weeks, but more likely, it will be months. Given the market is down 30%, and perhaps heading lower, if one is cashed up, a gradual return to minimise losses and maximise gains when the upswing occurs, is the logical way to go.
 
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
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