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clock Created with Sketch. 06/05/23
22:47
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Originally posted by Alfred90:
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I sold my FEX shares last October, I think, and do not own any of it today. And I've not visited hotcopper for a similar period of time. Sorry to see FEX hasn't done anything during that period. Went up to 36 cents just before div payment, then crashed to 19 or 20 cents, I think. And I got so tired of waiting that I sold all at 21. And now, nearly 7 months later, s/p still languishing in low to mid 20s. Sad stock. I should've sold at 36 without waiting for div. That was a major mistake. It seems to me that ALL Oz stocks are like tortoises. And seems that plenty of American stocks are like hares. But THIS tortoise and hare story has a twist, cause it's the hare that actually wins in the end. American stocks tend to rise and rise and rise, in short order. Look at Facebook. It's risen 100+ % just YTD !!! Oz stocks tend to do nothing, tend to languish into eternity. Yawn. How much more patience are you investors willing to show this hapless BoD?
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Facebook or rather Meta fell from a high of 350 to 85 bucks and is now in low 200s. Still down 40%
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