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15:02
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Originally posted by Artvandelay01:
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It’s got a high risk/return profile for sure, that’s why I’ve only picked up 1000 units to start. It’s more about having a seat at the table for when they decide to do the inevitable discounted equity raising for working capital / repay the NZ govt. If the SP falls short term I’ll consider averaging down, and in any case if it halves again from here I’ll only be a few hundred bob down. More of a punt/experiment than anything
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Yeah, that's a strategy moving forward. Taking discounted shares is a great way to average down.
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