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As long as it’s only money you can afford to potentially lose then it’s your choice.. This isn’t going anywhere unless there’s a buy out. Huge loss of confidence over the years, too little too late now.
Surely it would make more sense to out those extra thousands you say you are spending on averaging down on McG into another company that will provide better returns? This is extremely risky now and I cannot understand why people are still risking more when they are down by thousands.. so many better investments out there.
Why on earth would you want to buy more?!
They aren’t at the percentage yet to make an offer as far as I’m aware? There is a reason there has been a huge delay, from my experience it’s never a good sign.. I think some are getting a bit too ahead of themselves on here and becoming emotionally involved..,
Nothing to do with MCG… this is not on the NASDAQ and if it was it wound be delisted for being too low. Comparing apples and oranges..
What makes you so confident they aren’t going bankrupt? Their balance sheet is hanging by a thread and they can’t even get their reports out on time..
Mary, there is no way you are still buying under these circumstances and after the last 12 months. Not unless you’re being paid to. I’m selling at 70. So many better opportunities out there and CEOs that respect their shareholders.
Wow, would the sale of bus company really take out majority of debt? I was only able to stomach snippets on update yesterday.. wasn’t expecting such a huge drop..
Jesus Christ Manz, you must be so lonely and bored. I only check in on here every so often and you’re always posting things you aren’t even invested in. I wouldn’t say it’s a healthy way to be for you mentally, I guess this is most likely your only form of interaction on a daily basis.
Hit 95 and still no director buys..
Is the webcast at 9?
Very true Mary, I opened a position when it hit 95 , a lot of stop losses triggered I reckon which hasn’t helped.
Hope the person who had opened a lot of buy positions yesterday on CFD had a stop loss? 🥴
Yes, you are right fish. Just always feels like it’s two steps forward and 10 back at the moment. Looking forward to the September dividend which will help in the short term.
Back under 100 we go….
There’s always been relatively poor coverage when it comes to this company..
Also to add CWU aren’t looking to “drop” anything hence the thread of caution as I worry it will only go one way..
From what I gather it seems to be that if CWU don’t drop what they are doing then they will announce administration. Completely understand if no one wants to believe this as it is an anonymous online thread, but it has been talked about daily this week and I for one don’t want to see people close to me lose their jobs after 30 years. I also don’t want to see anyone lose money due to Thomson’s narcissistic lies. I have watched the share price and understand it might not make sense with large holders still in but it won’t hurt to be cautious. GLA
Think the damage has already been done by CWU.. meetings being called tomorrow and after a conversation today it’s not looking good.
Be careful next few days.. rumours from higher management that administration is on the cards.. waiting for an update from CWU tomorrow.