URA 5.56% 1.7¢ uran limited

suspension..., page-24

  1. 2,988 Posts.
    I am unfortunately still stuck in though not too bothered as I averaged down to 60c recently so not too much to lose.

    To all those predicting doom and gloom... relax... this is a very high risk spec which you have bought into knowing there is also potential for massive rewards. Even if this goes belly-up if you have sensibly balanced your portfolio - including non-U stocks then this is just one of the pitfalls of investing.

    Look at it as an opportunity to buy cheaply if the stock tumbles to 30-40c, and an amazing opportunity if it falls to 20c. It will bounce back up given time and potential many multiples possible from less than 50c.
 
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