OXR oxiana limited

i have not felt this relieved in years

  1. 171 Posts.
    I sold a third of my portfolio on friday a third on monday and a third on tuesday. I have lost 50% of what i had made this year. I am sitting on 100% cash at the moment and as I say i feel so relieved........I had been trading oxr,lhg,zfx,wpl,bhp,rio,awc,aqp,pdn and a few speccies. This situation looks ugly.If u have got profit in oxr,zfx and lhg i suggest u take the profit now while u can.
    zfx has gone from 2.70 to 13.54 in 12 months
    oxr has gone from 0.80 to 3.82 in 12 months
    lhg has gone from 1.00 to 3.64 in 12 months
    lhg is trading on a pe ratio of 96 as of yesterday's close
    which is madness
    look i hope i am wrong for the sake of everyone who are still holding the stocks but lhg and the ox look like they going down to about 2.30
    i plan to sit on the sidelines and wait even if i miss 50% of the next rally. I prefer to lock in profits as opposed to losing profits and miss any potential upside.
 
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Currently unlisted public company.

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