snapiti, what's your take in the light of consistent sp drop in the lead up to share purchase plan. What I mean is it better to buy off market now rather than wait to know till allocations are finalised (may be scaled). Appreciate your thoughts...
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Yes, Snapiti. I loaded up in the low $1.60's so will probably not participate in the SPP.
Getting my topup amount at a lower p;rice than the institutions was an unexpected bonus so happy with that. Now will sit back and follow the unfolding WYN story and try to ignore noise.
Hmm, Just be aware lastmoa that Snapiti thought $2.40 was a bargain when he loaded up ex the cap raise a year ago where the insto's paid $2.70!
And the SP is now $1.65..?
I'm holding WYN but I'm not sure about the great buying opportunity..
Good on ya snapiti, hats off to your conviction.
Actually to back Snapiti up I remember on several occasions when he stated he thought it was overvalued at over $2 so can't see why he would load up at $2.40
Trend is your friend.
wise man one said," they can always go lower.."
In light of my past experience , and present circumstances, and my future hopes end dreams , what would be the wise thing to do ?
do i buy now, or wait until the trend goes over the 200?
Mmmm
better ask jaja binks
I would go with the words of the wise man ...
If it looks like a downtrend and it feels like a downtrend and if the board is favouring external capital to existing shareholders (remember the latest CR - why didn't they go with renounceable options?) and if the income potential looks negative for a long time to come - why would you want to rush to get in?