TI1 0.00% 1.4¢ tombador iron limited

This is getting ugly.I am torn whether to top up, or just sit...

  1. 131 Posts.
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    This is getting ugly.

    I am torn whether to top up, or just sit and pray. I was lucky to be in the IPO but purchased more and more on the way up to the point I am comfortably down. IO price doesn't help at all but goodness me, I am sick of this smoke and mirrors. Buying on market from Directors I really like a lot, but they don't prop the share price up.

    If the share price ends up at 3c and we get dividends of 2c that will be one of the most ridiculous things I have ever seen. This needs to be de-risked which will only happen when management and their PR pull finger.

    I hold and do believe long term but I can imagine long term holders who got in at 8c+ will be heavily concerned, even more so people who were on the fence for a medium length hold.

    Everything has been hit from management re timelines, but this smoke and mirrors stinks so they need to come out and let us know.

    Cheers,
    Gazza69
 
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