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macrae - I have held most of my NDO for over 2 years and the...

  1. 5,784 Posts.
    macrae - I have held most of my NDO for over 2 years and the options since listing and close to that time. The plan was if/when the share starting moving I would sell out about half the total to exercise the options (or keep all existing fully paids) - ie end up carrying half around option expiry time.
    I liked the progress so much that I topped up with 'a few' options on a retrace at the end of last year so that I could sell later and then retain all my initial position - ended up I got greedier and kept more than I had planned - but a level that I feel comfortable with at the time of recent option expiry. Understand that? In summary I have kept all of my initial position and used the top up options bought on the retrace to exercise the rest.
    I have no current plans to add to or reduce my current holding - just the right level of comfort.

    As far as TOX goes I only have 500,000 so it isn't going to change my life on the downside (1 cent fall from here is only $5K paper profit loss) - but I see substantial upside potential based on an assumption that fundamentals/financials will continue to improve.

    I will not be trading any based on current market information.
 
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