I don't know about you but when I invest my hard earned I like to research the goods or services they have and as best as possible the skills of management. I also look at previous Ann's to see whether the company actually keeps shareholders informed.In vrx's case, at the time I bought in in 2017, it was based on early signs of silica sand. The company was fairly new so I was bold and took a punt. Some years later, still happy with the prospects especially after the purchase of Muchea (brilliant) and the bfs' s. Based on calcs Vrx shares would be worth around $4.20.
Shhs were delighted. Everyone was positive. Then the epa process started and whammo. No comms or crap comms, we had no idea where the truth sits as to epa fault or management incompetence. The foi docs have proven to me that it's mostly the latter and henceI have been selling down my holding and reinvesting accordingly. And so glad I did. I still hold about a million shares too many.
You see, I rely on information, not on guess, hope or reckless abandonment of my hard earned.
Too many posters here are more hopeful than anything else. They wouldn't have a clue or have any idea on how to read a Balance sheet. More fool them.As I stated before, I publish the foi docs so all shareholders get some info and can make their own mind up on their investment. For those that don't like it, well, don't read the thread. Simples!
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Price($) | Vol. | No. |
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