Good info Waterfrontage!
If I had a vwap of 61.8c I would still have a smile on my face even today, but unfortunately it's almost double that!
Luckily it's invested in my SMSF so I can wait for many years.
It's depressing watching a stock price being held/driven down day after day. I also hold NDO, first purchased near it's peak at 20.5, then averaged down to .15 as the price was beaten down to 12.5. It's been in a trading range of 13-15 for 4 months, until the last couple of days in which it's climbed from .13 to .17 and looks like it could climb higher.
I can quote many similar personal examples. Eventually most shares break out, whether it is due to some very good news or because people finally realise that the stock is grossly undervalued.
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Good info Waterfrontage! If I had a vwap of 61.8c I would still...
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