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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30.0¢ |
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Mkt cap ! $104.9M |
Open | High | Low | Value | Volume |
30.0¢ | 31.0¢ | 29.5¢ | $89.62K | 294.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 16773 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 20607 | 0.300 |
2 | 104965 | 0.295 |
4 | 76439 | 0.290 |
4 | 68593 | 0.285 |
2 | 100000 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 16773 | 1 |
0.310 | 13569 | 2 |
0.320 | 35000 | 1 |
0.325 | 50366 | 4 |
0.330 | 125773 | 4 |
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