HI Japes, Colcom and SBL Holders.
Yeah Japes i did a little top up back in the .01-.012 range and Colcom I'm with you in your sentiments.
Looks like some can rattling to me. No volume for ages then one big dump at a silly price. If this trade was at a loss as one would expect at this price, why wasn't it done 3 weeks ago for a tax loss purpose?
It doesn't make any sense to dump and hold a loss without benefit for 12 months without some motive.
I suspect it may be a little strategy to shake things up a bit and see the level of nervousness out there.
Only 2 weeks until we get some results and guidance going forward. It may not be the dramatic turn around we would all like to see but I'll be happy with a forward progression of any type.
LG has certainly put a plan in place and improved communication significantly over the last mob, so thats a positive.
The top 20 also confirms that there are lots of us out there holding strong and LG are a long way off compulsory acquisition territory.
My gut still tells me I was right to hold. I'll see how good my gut feeling is in 18 months.
Just MHO....Cheers to All Peteski
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