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Asiamet Resources Ltd - developing copper-gold deposits in Indonesia - Net loss widens slightly to USD2.4 million in the six months ended June 30, from a USD2.1 million loss a year prior. Expenses for the first half rise 12% year-on-year to USD2.4 million from USD2.1 million. Total assets worth USD12.1 million on June 30, up sharply from USD1.4 million end the end of 2020. Holds cash of USD11.9 million at June 30, significantly above the USD2.0 million held at the same point a year before.
Current stock price: 2.29 pence
Year-to-date change: down 58%
If I'd bought in at up to 6p my mental health certainly wouldn't be suffering now! I'd be elated. And if I believed the selling price would hit £10 within two years I wouldn't pay attention to toxic posters. Well done though. There is always the danger of becoming too greedy, so walk away with your gains and enjoy life. You can always come back anyway at a later time.
Is it tomorrow?
LTIP Awards....quite right, Invstrat. How about rewarding the long-standing, long-suffering shareholders!
Been in this from when it was Arian Silver. I hold 600 shares at an average of £2.35. How many would I have to buy to get my average down anywhere near the current price? I don't see a sustained rise anytime soon and not sure if I should be throwing good money after bad.
All these comparisons between pre-pandemic and now. We are not out of the pandemic yet. If and when we are, it still takes a little time to get back to 'where we were'. A little logic required.
Neversellshell22 - I've closed the door on Char instead.....filtered.