Well, lets face it - while the current board did an outstanding job to make this company profitable at last, I'd say that they are now well in the area of diminishing returns. Where would you expect the share price long term to go from here?
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
The current chair does frequent this forum. He might be able to shed more light on why his entity sold a 15% stake?
Sure I don't think selling some shares after owning them for 4 years is unthinkable. I sold some last year to help buy a property. I can attest that my holding remains a considerable part of my assets. I am pretty sure that having half your money in one stock still shows a commitment that wouldn't be reflected in anyone else's share portfolios. It also doesn't change what I have said about the company recently. First qtr revenue was great, the wind is blowing, we are now on fixed price. Hope that helps.
Sure I don't think selling some shares after owning them for 4 years is unthinkable. I sold some last year to help buy a property. I can attest that my holding remains a considerable part of my assets. I am pretty sure that having half your money in one stock still shows a commitment that wouldn't be reflected in anyone else's share portfolios. It also doesn't change what I have said about the company recently. First qtr revenue was great, the wind is blowing, we are now on fixed price. Hope that helps.
Totally agree Dassets. I am sure some posters are making more of it than needs to be made. You retain a large holding and the company is on the right path and as you say the wind is blowing with consistent guaranteed revenues. Well done.
Totally agree Dassets. I am sure some posters are making more of it than needs to be made. You retain a large holding and the company is on the right path and as you say the wind is blowing with consistent guaranteed revenues. Well done.
Ditto from me as well Dassets.
Personally I would be VERY nervous about having 50% of my investments in one stock !
Good luck !
Totally agree Dassets. I am sure some posters are making more of it than needs to be made. You retain a large holding and the company is on the right path and as you say the wind is blowing with consistent guaranteed revenues. Well done.
Appreciate the insight, John - that level of transparency is appreciated but not expected. I wasn't intending to make a big deal of it, it did concern me without any context though.
Reply With Quote
Originally Posted by Independent Observer AUNZ
Bookmarks