Hello Pezz, Today’s Report - End of Mania and Madness: I completed the reduction of the previously unmentionable stock uk.finance.yahoo.com to a proper allocation today, 0.27% of gross asset, from a high of simply too high.
I will stay with the residual position (it would be an excellent story if the share goes up to AUD 10/shr one day:0), for old times sake, as a reminder of an adventure that started so Message 18336343 <<Dec 14, 2002>> and effectively ended so:
Message 19784816
Message 19789055
Message 19792653
Message 19797435
Message 19797640
Message 19803117
Message 19822414
Message 19837134
Message 19841089
The private placement purchase price was AUD 0.065/shr at an exchange rate of AUD:USD 1.774:1 , and the average sales price was around AUD 0.495, at an exchange rate of AUD:USD 1.283:1, netting a gain of gain of 660% in AUD terms, and 952% in USD measure. A fair return for more than a year of anxiety :0)
You, of all people, understand how difficult it is to hold tight to a micro small cap for so long at what the holder considers a big absolute number with a huge embedded capital gain. The last few weeks was very uncomfortable, and now, all is well again.
The above is in addition to this move Message 19281270 <<September 8th, 2003>>
I now close this thread Subject 53628 .
The share will likely go up in March, but I just want to be able to breathe freely and sleep soundly :0)
Chugs, Jay |
