U Coming to WA, page-385

Hi Red I am approximately 70% in the red, so it would be pure stupidity of me to sell at such a loss, especially in such a positive time, in a once in a generation U bull. Remember that period we were in the old 3c ($1.50 now) just before the OZL exit and just before the next U leg up and before substantial commencement was meant to kick off and things looked as positive as ever? I was buying most of my parcels in that period. 3c looks cheap as chips back then! I didn’t expect management to continually choose to screw over retail. It’s just been like a 1:100 chance we continue into the red while every other U stock trends higher. A very unlikely and unlucky set of circumstances in this U market, but it has definitely woken me up to the fact that management are to blame for this. Every decision they have made has resulted in a sustained red period following every one of their capital raise or consolidation decisions. We are back to the consolidation price and trending lower now, this is actually crazy!!!