It's certainly a nice feeling coming to the realisation that I haven't done the whole freaking lot again! I lost my shirt many years ago on Pasminco. Funny thing, I remember getting a letter from Zinifex just before it listed offering ex PAS shareholders the opportunity to buy into this great new company with brilliant prospects. I commented to my wife as I threw it straight in the bin, "Once bitten". After watching it triple in value and then retreat to an all time low of $1.10 I made the fateful mistake of once again buying back in to this dog of a stock.
Relieved to still be wearing a shirt all be it without sleeves!
OZL Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held