missing the forest for the trees, page-4

Imho this stock today remains the most de-risked stock on the Australian market for long term investment.

Big call, but the most important two words there are long term. We can't control sentiment and the short-term gyrations of the market which inevitably suck up all stocks, but in the long term a stock will always swing back to somewhere near its true value. Whilst in development mode, the value of a company is based on speculation, once revenues start flowing, you more risk averse investors are able to put concrete values on potential worth and the stock price starts to resemble its true value.

It is difficult to do, but if you truly believe in the future of a company, unless you are confident in predicting short-term movements of the stock to improve your position, a hold and wait is imperative. The bumps in the share price smooth out over the long-term.