I think you must have a decent set of balls. Not a criticism, just an observation of your risk tolerance.
I’m still holding, did pick up a couple of small parcels sub 5c but with cash on hand so low, share price also low (making a CR very dilutive), and zero interest from buyers I put the cue back in the rack here as I don’t see enough green shoots to justify any more exposure.
Having said that, I’ve done exceptionally well in the last 2-3 yrs on a couple of plays where I trusted my guy, grit my teeth and did the buying when most of the market was selling. Some of those are now at 5 x multiples so I can see where you are coming from. I’ve also got it wrong a few times and lost every cent that went into my “rainmaker” stock.
With LSH, I’ve only hung in for the reasons you have outlined. I simply can’t see why Niv Dagan has been sinking decent coin into this junk stock if he has any suspicion that they are going to hit an iceberg and end up at the bottom of the ocean.
LSH Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
