RE: Production2 Aug 2021 16:16
Small minded people never get rich. Don't focus on the shareprice it isn't a valid indicator of either achievements or potential at the moment. Don't focus on the minutiae of every well or every little thing that 'could' go wrong, that is a losers mindset. Focus on the big picture, all successful entrepreneurs focus on the big picture. If you want to make a lot of money here focus on the big picture. Are they growing the business at pace, yes. Do they have the required experience to take this to mid cap, yes. Can they pull off deals , yes. Are they ambitious, yes. Can they think out of the box and innovate, yes. Those are the areas where any investor looking to make large gains should be focusing.
The shareprice isn't responding the way I was expecting the sheep bleat, I haven't made my 10, 20, 30% and I've been here a couple of years they cry. Well then you're getting a bloody fantastic bargain! Load up! This isn't the same as averaging down in a company losing money or burning through cash and continually coming back to the market to milk PI's. This company is growing and will continue to grow. Building a substantial holding makes complete sense in that scenario when the shareprice isn't yet responding. But no, the sheep with the losers mindset will continue to moan and groan and worry over every little detail. Then when the shareprice begins a powerful push phase and everyone is excited you'll hear them tell you they 'just topped up' 'couldn't resist at this (higher price)'. This is the nature of the retail investor, forever fearful unless they're in even the smallest amount of profit.
Everything they can see with their own eyes tells them this is undervalued but because the sharprice is not responding they're terrified. Don't be sheep, don't be scared to make outsized returns. Be patient and accumulate while the fire sale is on. Then sit back and congratulate yourself when the shareprice begins to reflect reality.