I bought in on the float Feb. 2002. Only bought 20,000 as they were 20c then. Added extra as time went on during a couple of rights issues and hence picked up 100,000 free attaching options along the way as well.
On 30th June 2007, just on a pure whim I decided, bugger it, if I buy a million I'll average my cost right down (1.6cents) and maybe, just maybe if they go to say around 2 cents I'll get out of them with even a tiny profit.
So I just bit-the-bullet and did it. Cost me 10 grand. I did seriously consider buying 10 million at the time for 100 grand as I was sitting on healthy profits from several other stocks that I planned to sell.
I've never sold any FDLs and I really can';t understand anyone selling. But that'slife i guess. As they say a fool and his (shares) are soon parted.
Cheers
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flinders diamonds limited
I bought in on the float Feb. 2002. Only bought 20,000 as they...
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