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jonty

2,249 Posts.

257

12/08/15

20:46

Post #: 15796758
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Originally posted by Jen7575 ↑

I've asked this question before, but being an optimist, I'm giving it another go. I'm really interested to hear thoughts about using CFD to invest more in OBJ. Of course, I have limited cash - otherwise why would you do it?

I don't need people to tell me the risks, I understand them well. I'd be really interested to hear any thoughts regarding this idea from the more experienced investors.

As well as that, I'll take the chance to thank all the smart people on here who are unbelievably generous with information. I've learnt so much from you all over the last year. The usuals of course, and more recently Accaeric! Thanks who ever you are, for giving all of us access to this detail.

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jen7575,

I've brought OBJ through my commsec marginal loan - against my equity. These purchases were done at the 2 cent mark. Yes it is a risk and I saw them go to 1 cent... You just need to be aware if it goes pear shape, you'll have a marginal call. Good luck, weight up your own risks and only you can make the call.

OBJ Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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