The dream that turned into a....24 Jun 2019 10:11
....Nightmare
I admire the optimism of some posters, but now (several months too late) I side with the negative posters.
I keep asking myself why I invested so heavily into Sound, something I had never done before in an AIM company. I suppose I was sold a dream and influenced by the hype coming from the BOD and Malcy, but I still made the decision to buy and more stupidly not to de-risk when I had chances….and boy has it taken its toll mentally. I now sit on over £90k of loses here, not to mention ECHO and CORO. To make it worse, the shares I sold out to buy those have all done ok! I’m now close to selling and taking the £20k ish left in SOU, as I think it will break me to see that disappear, as it’s my inheritance from my hard working (taxi driving) dad that I have squandered.
Like others on here, I’m doubting anything JP says… I don’t buy his reasoning for the placing and am now wondering whether it is to keep the lights on until year end. Also, majors have never been interested in Tendrara before (granted it has since been de risked - slightly) but I don’t see a major coming in or paying what some posters are hoping. Why not wait for administration and pick it up on the cheap, like SDX did with Circle Oil’s assets.