RE: Undermanaged, not undervalued.17 Nov 2021 13:37
The issue as I see it, is what point will you be in profit, and comes back to the question I asked yesterday, which no one answered, it’s not just the share price increasing until you are back in the blue, it’s anything up to 4 years (in your case Albert) of dead money, how much could you have made had you invested the same money elsewhere* the cash you invested has also been subject to inflation over those 4 years, even if you cashed out now what you actually get back is worth at least 10% less than when you invested it. All of that needs to be factored into any SP rise before you can truly say you are in profit. Just being above your original purchase price or average down price if/when that happens still leaves you some distance from a real profit.
*look at your other holdings, how much could you have made in dividends, SP increases had your Melody/ Napster money have been invested there instead.?