LCG 0.00% 6.0¢ living cities development group limited

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  1. 648 Posts.
    i think this recession is messing with our heads. this is my take on it. fwl is a solid company but without much cash and chasing deals. so it is simple, if they get a deal you'll more than double your money. if they don't you may loose money. the only thing the recession has done is increased both the risk and the reward. look at wpg. they had talked about a deal with chinese on magnetite for over a year. recently they ann. a deal out of the blue and the share price doubled. more important they now have something to be going on with. fwl is the same. all you need to decide is does it fit your risk and reward profile or not. also look at mmx for an indication of the general market recovery. this will get applied to fwl's sp to if they get a deal. there is a real chance for this stock to put some serious wieght on in the future. i don't mind getting a few more shares under the spp at 8 cents even though i am well underwater on earlier holdings. the world changed. get over it. start afresh and look forward.
 
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