Emotions vs rationale11 May 2023 09:39
It was all against us lads, let's face it and I'm still angry with the outcome as I would prefer an independent company with proactive bosses and plans. However as it is all different now, a new ownership soon, no point to be longer carried away with emotions.
I've analysed chances of turning 7.50p into 12.50p with MY skills and they are much lower than turning 6p into 7.50p.
There will remain a high possibility of receiving 1.50p back from P6 before October next year.
As we all believe in P6 well remaining operational, this amount is very likely.
Selling shares at 7.50p just doesn't make sense to me. I would understand selling them for 8.50p or if folks are under financial pressure.
Have to say that many many times I was 15-30% down and had to wait months for the recovery in the share price. Stock market is unpredictable.
If Prax is fair with their plans and will buy a producing asset soon after Hurricane's, then 4.50p extra should arrive pretty quick.
At 7.50p per share there are still more chances than risks in my opinion.
Best of luck lads.