RE: gazza13 Oct 2013 17:59
Hambro, I do not need a lesson in Mathematics lol I was is REM with 1.5Mil shares @ 0.04 yes 0.04!! so every 0.01p increase meant £150 increase to me, sold out too early at 0.66 but none the less am very happy (am hoping for a lower re-entry level but doubt i'll see it now). Solg im in with 50k shares so every penny 1p increase is a £500 gaiin to me, im sure you guess my maths is ok lol however if SOLG for example found no copper/gold then the price might drop to a hyperthetical 1p now would that be value because it was all of a sudden cheap? obviously it depends on other fundimentals like what else do they have in the pipeline, what is their NAV etc.........this is my point, just buying because a SP is low isnt a good enough reason to buy, there has to be other reasons also. Thats why i asked what the reason was why you were in here at ADI. Im not saying the SP wont increase, far from it, i was looking for a reason to get in, but i cannot find one!!
Good luck
Gaz