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Davo, the only way to reclaim some of the losses for the long...

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Incognito63

868 Posts.

6

11/06/14

14:25

Post #: 13510608
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Originally posted by davo1 ↑

"ASX need to round up approximately 200 penny dreadful companies that appear to do nothing than raise cash on 3b, and throw them all to the outhouse..."

I agree a little with what you are saying Ironjack, the glory days are definately over for the time being and only those getting results will ultimately survive however if the ASX were to shut these companies down shareholders stand to loose EVERYTHING, while they continue to operate there is still at least some hope of recouping a portion of ones investment.

Lets hope FAS can surprise the market and finally seal a deal to get SHIP into production. It's a long shot but you just never know.

Cheers.

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Davo,

the only way to reclaim some of the losses for the long term holder, is to sell our stock to some other poor sucker who is then left out of pocket... vicious circle...

regards
Incognito

Last edited by Incognito63: 11/06/14

FAS Price at posting: 0.3¢ Sentiment: None Disclosure: Held
1 Upvote

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