And to think I was thinking buyers had either run out of steam or money.
Seems to be no shortage. All teh $0.18 been soaked up and one hopefull bidder for 94,000 @ $0.18. Missed the boat - seller now moved to $0.19. Might see $0.19 by end of the day
Well, done my bit to support current SP by buying in. Just sold my THL holdings so thought I needed to put some of my proceeds into another risky category. PAZ seems lower risk to me at the moment - thin trading aside. Risk currently mitigated by too high paper gains in ATM. This gives me more flexibility with risk.
I like their cash, flow, profitability and completion of factory. Should now just be a focus on sales/marketing.
Time I supported a local company - might pop into the factory one day when passing.
Think I've paid a bit over the odds - but wanted to get in before the AGM. Should be a good opportunity to refresh market with news on plans for the year. 1st of the month is my portfolio assessment day so also a good time to rid my self of dross and top up with other opportunities.
I've followed a few of the recent trades - seems to be a lurker there happy to offload at 0.13 (couldn't tempt them at 0.12) but other than that not a lot of appetite to sell.
Now time to sit back and see how this pans out over the next 5 years.
Edit. Got all excited when I checked my Direct Broking account. The trade has gone through already and seems I'm already up 669%. Thats just Paztastic!
Posted this on 1 May.
100,000 crossing at $0.19. At this rate I'l be up 50% in a bit more than a month.
No worries Rupert ....this is definitely a no worries ....nothing can go wrong here
Anything that could go wrong pretty much has gone wrong. They have survived earthquakes and hopeless City Council. Anyone who can do that is damn near bullet proof.
Bookmarks