I suspect many shareholders are put off my the uncertainty of...

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25/02/17

22:54

Post #: 22907654
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Originally posted by pac5705 ↑

The downward drifting of SXY's sp over the last two days (during the start of the measurement period) makes one feel somewhat cautious about adding more cash into ones current position through the SPP. I've had a few mates share some concerns with me about whether they're going to actually folllow through and pony up for the full SPP, which is typical when we let our emotions get in the way of prudent investing.

Remember nothing has changed with the fundamentals of their business, so one has to look past the current downward trend and stay on-track and keep your eye on the ball although additional dilution plays a minor role.

The sp swings happening right now will just be noise in 6 or 9 months, but for now as "emotional beings" we can so easily get swayed by this noise.

If you still believe in the fundamentals of SXY, the management team and the east coast gas shortage, then I don't see any reason to flinch while going through this SPP process.

All in.

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I suspect many shareholders are put off my the uncertainty of knowing how many shares they will get under the SPP vs the certainty of getting a known number of shares for a known price in the market.

SXY Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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I suspect many shareholders are put off my the uncertainty of...

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