NZR has been pretty disappointing but over the years I have found that staying the course, long term things should settle down. I just about always get the timing wrong with these things so always have cash to top up as they drop. Lot easier doing this now that low brokerage offering are out there.
Started buying small amounts of NZR in Oct 2019 (no talk of Covid then!) and have only bought since then. 2nd worse stock in my diversified portfolio of junk behind Transocean.
Sharesight tells me I am 56% down on NZR and snip of purchases below shows how dedicated I am to gutter stocks:)
Attachment 12034
Off topic but my other stocks have done well and overall not unhappy.
I didn't start it and again off topic but Ill be honest I pivoted post covid to buying a decent amount of:
SLB: NYSE
XOM: NYSE
CVX: NYSE
STO:ASX
WPL:ASX
KEX: NYSE
Astonishing SLB can still pay quarterly dividends at a time like this. Remarkable company and good to work with.
Plenty of fish in the sea so happy to come back and check on NZR in a few years.