Good post Jukes. I have lost a very large part of my capital base in PLT,(a six figure number) so I could go on and find things to blame other people about to. From the time it went into administration I put it behind me. There were hold ups in getting important approvals/permits to sell their products through the likes of China's provinces etc which took a lot longer than expected.....and then I think the thing that broke the camels back was the world economic melt down.That was brutal as most people are aware. No one wanted to lend or invest money any more, and companies like PLT who aren't actually earning money, are the first ones to be put on ignore. Peoples opinions change in environments like these and a lot of investors look for a little cocoon to hide in. I did the Warren Buffit thing, bought as much as I could with what I had left when everone else was capitulating, as even though I'd been socked in the teeth, the world was going to carry on. Ben and Rob, like us have lost a pile of their money. I know how much it hurts...Sh** happens sometimes. I allowed myself 48 hours to get back to business. I'm pleased to say I'm on the road to recovery and 2010 should put me well ahead of where I was after the nasty birthday present I got on 29 July 2009. Look ahead guys,learn from your mistakes BUT DON'T LET THEM FESTER. Life's to short to carry garbage around on your back
All the best to all those posters on the PLT site Regards Dabru
PLT Price at posting:
7.1¢ Sentiment: None Disclosure: Held
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