RE: Hidden agendasβ¦.11 Mar 2024 20:46
No hidden agenda from me. I have stated previously I have been in this share over 3 years.
Mostly trading these days though due to management's inability to keep to targets and promises.
I am currently sitting on the sidelines watching this week unfold, for better or worse. I do not trust these types of presentations, as have seen it too many times with the resultant share price drop and share diluting raises to keep the lights on.
There will be plenty of opportunities to step back in if the news is positive. Just too risky at the moment. I have had my fair share of sleepless nights staying long and living to rue the day.
Each to their own when it comes to strategies. I think MEM has the right philosophy here. For all the flak he takes, he is closer to the mark than many.
It's all about capital protection.