I understand this may come across as controversial, but try and take your emotions out of it.
I have a fairly large shareholding in AMAL with an average price just under A$ 0.30, for me to get back to an even keel I have to consider the current share price to increase by 50% and of course the time it will take to get there...
If I sell, I lock in my losses and have to start over somewhere else or keep cash / Gold until global market improves.
Lets say we know have a fixed amount of cash to spend (proceeds from equity sale or saved capital to invest) with the view of increasing our investment by 50% in the shortest time frame...
One would naturally research the market looking for value/good fundamentals and future trends, also considering the global economy which some may deem a bit risky atm.
The questions are:
- from your research would you invest now or wait till the global economy to derisk...
- Invest now in some good companies that are now at reduced prices
- Would Amal be one of those companies?