ANX 5.00% 1.9¢ anax metals limited

this on could explode, page-15

  1. 5,441 Posts.
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    Well punters, after an eternity of very bad performance, and false recoveries. I give up. Even the small amount of cash (diminished from a large amount) I have parked here is missing worthwhile opportunities elsewhere. I have never seen a company with so much money do so little for so long. I am glad I wasn't one of the Sophisticated investors that shelled out $20m @90c per share just to see it get spent on administrating a company doing nothing.

    ARM has been a valuable lesson to me, not quite as valuable as it cost me, but valuable none the less. I still hold stock, and after a chat to Martin P. I will decide when the right time to offload it is. At least I have a use for some good tax losses this year.
 
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