Cheers Doctorwho2.
Not trying to protect my stake which is considerable as well but feel this company is destined for growth.
My original buys at an average of about 16 cents were more based on its oversold status than the dividend which in 20/20 hindsight was an impossible ask.
Took a fair bit of what M12 said about it at the time onboard and knew enough to not bet against his judgement.Very good call.Still felt at the time (and still do) that although he was right he still could be wrong (relatively speaking) if one was/is in this company for more than just the dividend and/or oversold bounce play.
Have watched this company and talked to management from the perspective of also being a fairly large holder in Mobi and through the MobiData sale feel that DD,which I trust with MBI's new management,has been in depth enough to trust my money with CQU.
Some other good posters on here as well.
Quite encouraged by posts from other holders such as Pie1 and emerald01 (whose prescient posts I happened upon at the very beginning of this year and were in line with my investment stance) so feel I'm in with good company.
Regardless,in the end people will do will do what they'll do,so not trying to talk anyone out of doing anything.
Bottom line for me this is one company that if in the end is going to kick my arse well so be it.It's money that I'm going to lose because I've drawn a line in the sand and said "this one is it!".
Agree with footsie's advice regarding a clever retreat.
Believe if you give it a bit of time you'll be able to sell out with a respectable profit assuming you got in under 24 cents which was my first parcel on the collapse and don't I wish I had waited another 30 minutes.lol.
Nevermind.Never believe any of the market maxims so I averaged down massively at 13.5/14 cents.
In the money until Monday and will watch with bemusement the proceedings.
Good Luck.
Typo from last post yesterday: business confidants.
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