RE: The downturn7 Dec 2018 11:15
Oura, I hold the view that the primary concern of the market at present is not the progress of the mine itself, but the risk of dilution. I have held here for over two years now and during that time have averaged up and down more times than I can remember. The only people to do well out of this share so far has been my broker......
Like most here I am a big supporter of the company, but after three months of being kicked thoroughly by the markets there is no way I could commit myself to committing what little reserves I have left to average down again when there is a risk (no matter how small) of dilution.. Investor sentiment at present is not great with the threats the UK faces from indecision, division and the spectre of a potential general election to end all others potentially on the horizon which I pray wont happen. Just a personal view and its not pretty sitting on heavy paper losses...