Pretty good analysis Crab.
I've been away and also pretty busy when I have been around so haven't posted much. I got half way through a summary of that video then ran out of time to finish.
All the fundamentals are still there, though progressing slower than we would like. Macro is kicking everything's ass ATM with the ASX hitting 12 month lows yesterday. No surprise non revenue generating companies are getting smacked around worse.
I'm down over nearly 70% now which is a bitter pill to swallow on what was one of my most high conviction and largest position plays. I haven't averaged down since the 40's and probably don't intend to until we put in a solid base and start having positive momentum.
Patience is the key here but I certainly understand those posters who are frustrated.
Long term hold still just gotta wait for the turn and hopefully see that momentum while its still dirt cheap and before the market wakes up.
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Pretty good analysis Crab.I've been away and also pretty busy...
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