RE: This share10 Oct 2014 17:15
eire0027.
I sincerely feel for the loyal holders like your good self, Da_Gee etc.
I've been there in other shares and seen virtually all of my money evaporate before my eyes while I hoped and prayed that something would be pulled out of the hat.
For example a couple of years or so ago, I bought MCHL thinking they may be going places. I put in £500 and as I recall sold at the 12th hour for around £19. Yes you read it right, 500 quid to 19 quid. GUTTED.
These things do happen.
Kea may yet come good, they have the Puka asset and the other licence areas.
I have been in and out of Kea a couple of times over the last few years. Latterly I bought in a year ago at ~2p. I have thrice missed an opportunity since then to make reasonable money above 2p and missed doing so through greed, and I should know better!!
I am all sold-out now and have made a smallish loss (due mainly to the smallish amount I invested).
The point of my post? Don't think what appears to be a 'good' company can't go to the wall -- because it can -- and for various reasons -- some of which have been touched on, on this bb over recent times.
I note that you are in for the long haul. What if there isn't a long haul and you loose all or virtually all of your money?
Kea's long term share price is a good example to existing investors, but most certainly to new investors about how your money can grow but also fall on a huge scale.
It will be interesting to witness what happens to Kea and its share price as we move forward. I wont invest here again during the reign of the current bod, but I really do wish the loyal holders some hope and return on their money !!!!
gl and aimho