That is a very detailed list of reasons for selling. I am certainly concerned that this could turn by out to be an investment that went wrong. However, I am holding on for the following reasons
1 The testimonies we here means we know the product works. I have arthritis in my knees albeit only minor but on occasions the pain is very severe. This will only get worse.
2 This was always a 6 year plus investment for me ( now 2 years in). This has now extended to 8 years plus to coincide with my 70 birthday in January 2029
3. At these levels selling would be at a significant loss
4 In time a new CEO will arrive and steer the ship. Who knows where the SP will be by then
5 Any cap raise being offered to SH may come with options which I will take up if allowed ( in UK)
6 Any hostile takeover will almost certainly be at greater than current SP. I am thinking this could happen as early as the end of this year. While I don’t want this to happen, this I’d a real possibility
7 I therefore have concluded that in any scenario the value of my investment will be greater than current. I do realise I could be horribly wrong here
Of course I wish I had sold at the circa 50% level it reached a few years ago and then re bought. Very few predicted this outcome as evidenced in the Pirates Day values
I wait to see Mozz’s reply
Have a good evening down under
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.95M |
Open | High | Low | Value | Volume |
22.5¢ | 23.5¢ | 22.0¢ | $65.40K | 290.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 96390 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 138166 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 91390 | 0.220 |
6 | 88958 | 0.215 |
5 | 131050 | 0.210 |
4 | 104982 | 0.205 |
6 | 184175 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 138166 | 5 |
0.240 | 40833 | 1 |
0.250 | 15000 | 1 |
0.255 | 9785 | 1 |
0.260 | 26050 | 3 |
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