RE: I thought this was the OMI board21 Feb 2026 12:08
Dr, having my average continually questioned here I am curious how you and others are sitting with 6 and 7 figure profits. My average at 5 p gives a 3-4 bagger currently. Interesting especially since you were continually buying up to 40 p and back down to 2p 5 years ago and recently in 20 s . I am real interested in this story!
As regards longterm holding, 5/6 years ago you were posting 30 m elephants two majors ggp and total blue sky. As we know, we didn’t see £1 at Christmas and we are nearly half of that high. So longterm after 5 years, anyone buying that dream has still not seen a profit.
This business is cyclical and both r rule and Beaty recently make a point of stressing this and the danger of buying too late in the cycle and not taking out profits. No matter how much you claim to have in here, you didn’t see the drop to 2 p and likely won’t see the next cycle reverse. Rule and Beaty are far better much richer more experienced than you!
That’s not to say that there is not a good investment case here currently but an inability to consider possible downsides is something that no expert advises and is what you are particularly proficient at.