Many will be happy with a quick 10%. Others will look for more serious returns like 100%++. Different investors look for different things.
I believe this so called "churn" is a short lived phenomenon and a great opportunity for those with patience and the ability to throw a little more cash at it.
Will June/July see this opporunity gone? Will it be sooner? There was a notice last week saying that things were progressing with LuxInvest. We have the AGM on 31 May, just a few short weeks away, where we are asked to approve the $350,000 worth of shares already issued as well as the bigger $3.9m, to be used to fund COMMERCIALISATION as well as pay the ASOF guys off to kill $9m of debt. Only a moron (and there may well be some) would not vote FOR these.
BRR, from your recent posts, you seem like a changed man...I, for one, am happy to see it. I do think the environment has changed and does look the best it has ever looked. Let's hope this is really the start of a lot of good things for the company. Lord knows we've had our share of crap...
MST Price at posting:
0.2¢ Sentiment: LT Buy Disclosure: Held