My call 50c is pretty much the bottom doing well so far.
Market values a THC with a plan - when markets are good - at 300M Mcap. So no reason, it'll go back there quickly.
As I said I'll keep buying as the market goes up for the next few years and hold probably about 7 -9 more years.
Any stock market is always in a bull cycle on more than 3 years. The value of a stock is still incredible as an asset. Much better than a gov bonds, or something that can be outlawed on a whim (even though some of those assets as a hedge is a good idea). Gold, silver, cryptos, that's their role in a portfolio now. A hedge against a very bad economy.
The EGM was managed very well. You have to understand you don't do that, and suddenly don't work your butt off to prove the point and show you were right.
AB and team will drive a very hard and tough team moving forward because their names are on the line. Ego is what makes great leaders and build great companies.
Think Oracle. Or Dell, or Apple, in any disruptive industry you need people with ego, because others will give up.
The BtoC business making money is great, they need a canadian partner, a license is likely in the works, production facilities, and potentially a return to an importer model and you've got a winner.
IF all markets were doing well, and Aussie MC was going down, then I'd be worried the market and I don't agree. But we do agree, and it's saying OK a few more weeks, and we'll tell you if there is a real crash or if we just need a good break and lose some bulls/ gain some bears.
I'm very optimistic. Then again, not only do I not need the money, but I have all the time in the world. I invested with a 5 -10 year window. It's only the very start.
It's not the time when you make x100 your investment, but x20 is certainly on the cards for quite a few MC aussie stocks.
Good luck to all, and let's all discuss more peacefully in a few weeks when things are looking good again.
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