I'm feeling a lot better this morning that the risk exposure has greatly reduced. With Gridcomms clear acknowledgement of Odin the deal will proceed and I think the risk of losing everything (i.e SP dropping back to 0.1c) is gone now.
However (I am the 'however' guy) don't discount that a really bad deal (i.e over 1 billion new shares) may see a bottom of 1c (which would be a 30% loss for many of us) or even a good deal might not see more than a 100% gain.
Either way I'm much happier now - I can live with the reduced risk and will even top-up a bit more - and I'm still quietly optimistic we might see the 10-bags after all.
- Forums
- ASX - By Stock
- New Facebook Page
I'm feeling a lot better this morning that the risk exposure has...
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ODN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online