Good points Roboshan. I've learnt a few lessons about being impatient. I like to think I have learnt from my experiences. I do have a great nack at buying a share before a placement so if you see me enter a stock in the future, rest assured there is a placement just around the corner. However, I have stopped myself out on so many occassions only to see the things go beserk. I was hoping/counting on the share price really firming as we got closer to production. Not go the other way. I have averaged down but have caught a few falling knives in my time as well, which has always taught me 'the trend is your friend'. At the moment I think we are sitting around the levels to buy. I think 22c is an important support level for this stock. If this breaks, then I think we might be in a bit of strife. My guess is that we will see 13c if this is to occur. With the thin volume of late and the lack of share price movement, I suppose we are all in the same boat. Even the postings have dried up on here which tells me everyone is waiting for something to happen.
I still remain nervously confident. I don't like to place too much of an emphasis on brokerage reports and I don't know a lot about FP. BUT, I would say they would do a lot more research than I would. And, I am sure they know a lot more than I do.
Anyway, it was good to hear you haven't lost confidence Rob.
VRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held