SOR 4.35% 4.8¢ strategic elements limited

Serious Technical & Fundamental discussion only, page-1006

  1. 809 Posts.
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    Gawsh, that was a LOOOONNNG time ago!
    I believe you were predicting a price drop to below 6.5 cents?
    Did it happen? If so, I missed it.
    Did I average down? Not exactly. The price was about 13 cents when the original exchange took place.
    When the price got down to 8.6 cents just after the recent announcement, I thought it was a good time to top up,
    which I did, to the extent I could afford, which wasn't anything like as much as I would have liked.
    Then the price dropped to 8.2 cents, and I was wishing I'd waited a couple more days.
    THEN the announcement that Sir Charles had bought $61K worth... and with the confidence that injected into the market
    the price is now climbing again. And my recent flutter is already back in profit.
    STILL haven't got any more money to throw at this beast, but would if I could.
    So yes, I did average down - a BIT, but not enough to make much difference to my 11 year average price.
    Do you still think it will close the previous gap and go below 6.5 cents?
    smile.png
    P.
 
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