@Lukums, I do agree with the sentiment of your post; nothing is ever guaranteed in life nor on the share market.
Of course, no-one should ever put their life savings into a single stock (let alone a microcap stock); I don't think anyone has ever recommended that on these threads and they would be a fool if they did.
I have stated that I am 95% confident of renewal, not 100% confident. I am comfortable with that assessment. In my eyes, a GM renewal is highly likely. In the market's (irrational) eyes, it is a 50/50... therein lies the investment opportunity...
I am personally happy to load up as much as I can at 1.4 cent levels ($10M EV), but everyone here will have a different investing philosphy, different approach, different requirements and different risk appetite. Everyone here will also have undertaken different degrees of due diligence. I know from Aaryn that the vast majority of retail holders don't bother to reach out to him.
I look forward to looking back on these prices in 6-12 months time and reflecting on whether I was right or wrong and what I learnt from the situation. I'm backing management and the CXZ team to drive significant shareholder wealth over the coming months and beyond.
Patience will be rewarded.
T.E.P.
CXZ Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)