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1,262 Posts.
28
06/06/14
21:57
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"Those people that just fronted up with $65 to $100 million must be idiots."
I haven't been following these threads for a while, Nothing has changed except the long termers appear to be contented with the sp at these levels.
I thought I was an idiot accumulating at an avg price of around $4.50 until about 5 years ago, but I jumped ship just before M&G spit the dummy.
The debate about dso, ncu, early sales, dfs, etc was getting boring and I stopped reading these threads.
The big pic question is whether the sp will ever revert to pre-jorc levels or will the holders ever get any divies in the next 3 years or so.
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