FXR 0.00% 0.2¢ fox resources limited

Someone said I was bragging. They were probably right - I am...

  1. 302 Posts.
    Someone said I was bragging. They were probably right - I am pleased not to have seen the downside twice. But I have always been clear on FXR, as I was a holder the last time they went to 60+ and then back down to 20c and spent a year in the doldrums. They hurt me once before. I remember there was similar weakness when FXRO expired, and FXR certainly went up after FXRO expired (I bought some 20c options at 7c which is what saved me).

    The management team were bad then, and I don't think they have sufficient skills to turn things around properly. Their approach to their small zn, cu, ni resources appears haphazard and changes like the wind. Their reputation is as bad with brokers, buyers and traders alike. They have a big task to real value for their shares. I hope they can do it.

    all imo of course (for what it is worth).
 
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Currently unlisted public company.

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