dunno aboiut that hitched
options entitlements have returned more than owning the fpo's
very frustrating atm and everyone is boiling with more gains, i know i am, need to trade elsewhere for peace of mind lol
you all watch
the sp might/should get to 60c one day and we'll be going through the same emotions now
human nature
this probably is the worst stage of a coy, stage 2 where cash needs to be raised and projects started
speculation will die off as we approach production on each given project and then inflated sp's will slow down as things are known
look at territort iron just come into production , same as pdn
I'm predicting more income from refineries products than off-0shore eventually, could be wrong but thats my stab
More big names will join us too, as in people.
Someone be it known to the coy or not has held this stock back.
No doubt about it.
Question is, do they have the stocks interest at heart or their own interests long term, knowing damn well dilution will slow this down to $1 eventually imo, by then an issue of close to half bill and a sp close to $1 with a then MC of close to 500m.
Sounds like a rough guestimate to me.
The only thing that will catch a few out is when it comes to a spin-off, they will have to have fpo's to qualify for entitlement of spin-out, this is what i need to balance as i don't have the funds to make it worthwhile if i ever have to load up with 500,000 shares.
We'll see.
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