G79 0.00% 2.7¢ goldoz limited

When expecting the auction ressult ann en when annul TH, page-195

  1. 372 Posts.
    At this stage it almost feels like its too late to get out even if you wanted to.
    I am imagining how could things be any worse next time around.
    The fact I have to think like that is the thing that sucks the most.
    Depending on the final Revenue result I can see it finishing up between about 5 and 7 cents after this debacle. At that point I can do one of 2 things. Hold and hope they have learnt a lesson and things start to improve over time, or cut my losses.

    Either way to claw back the losses is going to take time and patience. The board has a lot to answer for and surely they know they are on their last warning, they need to pull off a miracle here and negotiate like crazy to get whatever revenue they possibly can to save some face.

    I have resigned myself that I am down heavily on this and accepted that. My indecision now comes down to taking the hit or leaving the hit on paper.
 
watchlist Created with Sketch. Add G79 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.