Burnercan,
With almost no stock available, and heaps of us that would like in, history would suggest a fair old bubble will form at some time. At $90mm mc, and very little indication other than the quality of the backers I am for one not game. Paying this implies the backers let 20% of the script away at more than a 50% discount. Perhaps, but then???
If you miss out on a multibagger, you can generally get another chance in something else. If on the other hand you overpay for bluesky you can lose half your outlay, and sit around for two years going sideways before you finally capitulate. A PES,BOW,QGC,AOE or a SGC,MEL,BUL,WCL?
I"ll likely just watch for a long time.
EL
how high, page-2
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online