well thought out post and I can honestly say I dont blame anyone for leaving this stock for reasons you have shared e.x. dilution not likely to stop (as I've said before % accumulates quickly, constant change of goal posts).
Your sentiment on WA is fair. But which builder is self funding and building 50+ homes at a time. To me thats the difference for initial market entry.
you need to do what's best for you and move your money to your advantage.
I think the SP people dream of is exactly that just a dream, it may come true but its a gamble and no longer feels like its even close to reality when measured against other successful businesses. I keep that in mind with my exit and thoughts of dividends I dont even entertain until a time of some substantial change
Here is a thought from another angle. With your average buy in and 8 years commitment in mind at what point would thus become a good investment for you (good not the best).
If you were to hold for up to another 2 years reaching a total of 10 would 4x be a good investment? Is 4 x probable? Even with all the shit show I dont think 10.5 would be hard with just a single event if even for a moment. The question for yourself is if you hold that thought or if your money is better positioned elsewhere.
FBR Price at posting:
1.8¢ Sentiment: None 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)