Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
IMO now is the time to sell your underperforming shares (not these) at a loss. Then DYOR and wait to see how FEVR moves again and top up. IMO in a few days you will recover all your losses and be back in profit. HOWEVER as I say you must DYOR for your own situation at this time.
Sorry, re my previous post. Please read FARMERS for framers
Anyone reading all the news reports in that newspaper would never invest in any African share again. There is no level playing field here. It's all based on corruption and then full of excuses with never any answers or efforts to deal with the situation. Why anyone would want to run a business here defeats me. Too much political interference particularly if there is money to be made or taken out via the back door. I feel so sorry for the framers who have to live with this. Just say out loud now NEVER, NEVER AGAIN.
Thanks Dar. Yes holding would be safe but you are not going to be able to increase your holding. I was only giving my advice to GOODJOB how he could think about increasing his holding if he sells now and buys at the lower SP at the end of Feb prior to the March report without having to spend money on buying more shares at the present high price to increase his holding. All my comments are IMO and as ever I will leave it to everyone to DYOR.
With FEVR's record over the past few years IMO if you sold shortly, at that level you could hold onto your money and just wait for the fall again and buy back at that lower level near the end of Feb and wait for the next rise after the full year results are given and so on and so on. You will then have a much larger holding in the end. SIMPLE but not guaranteed of course.