We only have 87 mil shares issued, I can safely say that u wont have more than 5 stocks in your entire watchlist with that little shares issued.
Some have over 1.5bil of shares issued, where as we have a tiny 87 mil and may I say that we r traded more than 6 years in asx. Ive not seen any company who look after their holders so well, with virtually less than 2 cap raise in 6 years.
You can always argue that sum1 commited suicide when it fell $7 to 30 cent, but they have all the chances in the world to top up 30,40,50,60,70 and even 85 cents. They would not only break even, they would already be up 20% today at 85c avg down.
Do whatever it takes to look after ur money, if u`re willing to pay $7 I see no reason why u hesitate to pay $6.7 less. Sure u know they could be busy and stuffs but we got over a month sitting below $1. Even if u get a $30k loan, 1 week app, 4 days to reach ur trading account, u got well over 2 weeks to top up. Sharemarket is brutal, be thankful ure not in mirabella mbn.
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