AEB 0.00% 0.9¢ affinity energy and health limited

Ann: Appendix 4D Half Year Report, page-10

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  1. 1,999 Posts.
    lightbulb Created with Sketch. 86
    Haha! A burned holder gives me advice and consoles me for missing out!

    Amazing

    I'll try to deal with the trauma.

    But to seriously address the bit of your post which could sort of be taken as remotely worthy of a response, MC have already had a big run. Many well known investment proverbs come to mind; be greedy when the market is fearful and fearful when the market is greedy. Buy is gloom, sell in boom. When the guy shining your shoes gives you a stock tip it's time to sell. MC was all hyped up, everyone jumped in, prices spiked. Future success already priced in. It would have been a great time to sell in many cases - AEB is an obvious example as we can now see. Every idiot non investor has heard about the MC craze.

    So where are we now? MC has already gained traction with investors so it now actually needs to prove itself and live up to the hype. AEB needs to actually produce its own way forward. MC can go bananas, but a useless non competitive company in any industry will still fail. AEB has.continually told us how big the energy industry is, so as an energy company they will thrive. They failed and lost everyone money except for themselves because they were the ones on the payroll. They told us the neutroceutical industry was huge so they'd be successful, but they failed and lost everyone money except themselves because they were on the payroll, etc etc, and now they say the MC industry has the potential to be huge, which yes, it does, but they are not big players, experienced players (well, very experienced in failing their ventures but extracting money from investors and directing it to their own pockets... and once again, look where the money raised for MC is going!). Notice how the price spikes are always on promises and the crashes are always on the realities?

    Hey, your money, your choice But don't think I am upset for not having ever touched AEB with my money! Yes, I considered doing it once or twice, but given the nature of the company it is an extremely risky venture. Even when the price does increase it is characterised by being brief and on low volume, meaning even if the price does increase you may still be unable to sell at a profit. Look at the 1 month chart, 1 year chart, 5 year chart, entire AEB chart... look at the announcements corresponding to all the spikes and falls. If you haven't bothered doing that I don't know why you put money down and if you did do your research I *really* wonder why you put your money down. I suspect very few people who have bought in over the last few years bothered to do that research.
 
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