MBP 3.23% 3.0¢ metabolic pharmaceuticals limited

Very funny Joel...yes today is a bad day for us MBP holders. But...

  1. 549 Posts.
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    Very funny Joel...yes today is a bad day for us MBP holders. But I was not very confident of positive results anyway. Learnt a valuable lesson not to get attached to a stock today.

    I discovered the sharemarket in 2001, and MBP was one of my first buys at about 40-something cents. I then bought in again at around $1 before the announcement in 2004.

    I fully understood the risk/return concept and MBP only made up a very small part of my portfolio (thank God!). Most of my folio is made up of long-term extremely well performing blueys, so even though it's disappointing, it doesn't worry me that much....1 less ivory back scratcher I guess.

    Life goes on......
 
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