After selling one other stock after Christmas to buy some more SYT, I only have two stocks in my portfolio. An equal amount of money on each.
The other is PLS which I want to use as an example of the difference between buying in early at the high risk stage and buying in after most of the risk is reduced.
I found PLS after it started it's rise from 5c to 80c and back to 50c. Ended up with 120,000 shares at an average of 50c.
Best outcome is I'll tripple my investment and make perhaps $100,000 profit.
But I have noticed many posters who have a million shares or more in PLS because they bought in around the 5c mark spending about the same money as me.
Their expected return is 10 times what I can expect making them a $1 million or more.
That's where most of us are now sitting with SYT.
Whether you have a 100,000 shares or a 1 million shares and there are quite a few posters here who have more than 2 million shares, we are the investors who got in early. We are the ones who are taking a much higher risk. We are the ones who could be making 10 times what later investors will be making when SYT is significantly derisked.
If it all goes according to plan and new investors discover SYT at 10c, 20c, 30c etc, we'll be quietly satisfied in the knowledge that we were able to buy SYT under 5c. This is the bit that really excites me.
Bring on 10c for starters, I say.
