AVA 0.00% 11.0¢ ava risk group limited

Madamswer, appreciate the post and your thinking process. You...

  1. 258 Posts.
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    Madamswer, appreciate the post and your thinking process. You obviously appear to be a very sound and discipline trader/investor - and that is something most of us aspire to be. But from reading your post, I understand you to mean the share price became overvalued in your eyes (at $168MC) and you, therefore, decided to sell (which it seems was the right thing to do in the short term).

    I assume your critical thinking is still the same at current share price - although at some point you must've held the shares at current prices in order to sell at the higher price you sold it at? If that's right I don't think your answer, although detailed and eloquently put, really deals with the question which appears to be: if you held previously at 57.5c why wouldn't you buy now? Unless your investment thesis (aside from valuation) has changed. The high concentration of revenue into a small number of customers has always been a risk since you bought in at a lower market cap.

    Thanks again.
 
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