RES 0.00% $4.61 resource generation limited

Hi EveryoneWith the risk of also being dumb and being new to the...

  1. 24 Posts.
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    Hi Everyone

    With the risk of also being dumb and being new to the market, haven't come across a consolidation before.

    i bought 20000 RES (CDS at the time) @ .17c = $3400

    With the consolidation:

    2000 @ .17 = $340

    With a bit of hindsight, would i have been better off selling my shares at a pre- consolidation level, say @ .06c = $1200. Write the rest off as a tax loss and re-enter RES at these low levels.

    As it is, RES would have to go to $1.70 for me to break even!!!!!!
 
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