I understand that almost everyone is in the same boat as i am if not worse considering i was lucky enough to have extra funds to average down my position. Fingers crossed that things finally go our way so that we are able to look at liquidating. Im sad to say that i am looking forward to cashing out so that i can use my capital towards some other companies, considering that i now have a large exposure to this company.I have currently also lost faith in this company so i would prefer to put my money into another that shows more promise in sp and shareholder relations. I think that we just have to make the most of this crappy situation by learning from it but considering the sequence of events it was not the shareholders fault but the company's therefore not making it totally our fault :p ( i like to think so anyway). But still....
I think that it is important that we are aware of what is going to happen in the near future so that we are able to benefit the most from it. It is important that when things potentially start improving due to the sale that we do not sell too soon. We do not want to give most of our 'profit' if any at all to some short term holder who happened to be lucky because we need and deserve any (+)ve changes in the sp here onwards. It is also important that we do not wait too long because before you know it the sp could be back were it is now and there would be nothing to look forward to expect the potential 'special dividends'.
Good luck shareholders and hopefully the 25th is an awesome day for us all! Not long now :p....
GC
SIP Price at posting:
44.0¢ Sentiment: ST Buy Disclosure: Held
