RE: Keep posting23 Sep 2018 23:26
I have over a million now as well.
I have respect for hugh as a g&g man but (maybe less now than b4) when I first started buying there was a very different asset mix which was what appealed to me.
I certainly do not believe the current bod structure is optimal and have been saying this for quite some time but feel we are too late for any changes now as it has all become a bit binary!
I feel we 'should' get lucky in one of our Irish plays but am disappointed we don't have much more asset backing now, if this isn't the case.
So I suppose I'm still here as a gamble as we have slept walked to this position which I didn't expect to be in and also I swear, this is the last time I buy a stock in spite of mgt as opposed to because of (lol).
My other 'similar' gamble stock is aex which I also bought in spite of mgt which I am loss in (as opposed to b even here).
I have finally learnt (lol) a crap mgt / 'not correct set up' team can f up and ruin good company/assets but, a good mgt team can work around crap assets and create value.
It's worth remembering as well, that you have to give mgt chances to prove themselves and often people may have already purchased a large amount of shares - then the mgt gets changed - you give chances - then as is often the case - it is too late before you finally lose faith in said mgt?
So best of luck all as I think the next 2 months are pretty pivotal!!
As ever and all imho and one good thing, if this doesn't work out, is that at least hugh has put his hard earned in as well so will feel it as well as us!!