onwards and upwards, page-116

Morning all
Didn't want to post this lol until I got the rest of my partial buy at .008c filled darn it, but that looks less and less likely now so here we go

ROBO is 1c exercise - December 2014
Most of my holding is here
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mmq1 you said the other day
"Any sniff of something big here will shoot the SP well and truly in the direction of 10cents. Patience will be a key here over the coming weeks.

High risk High reward. GLA"

10c, well yes that would be nice but I'll be happy with a strong break of 2.2c, with a sustained hold in the 2.3-3c range

New base at 3.4c and moves higher

I want to see an end to the high spikes then falls back, this last one has gotten better and raised the bar which is good, as timbo mentioned, so each time this happens, investors get more confidence that their investment will hold up better than the last

On the "High risk High reward" statement, yes indeed but with a MC of just $8m I'm comfortable in investing at these levels for a serious multibagger ST, and short downside if not

Pretty good odds, and at least it has the potential to get buyer backing when there's a sniff of good news. Just imagine what it's going to do on confirmation of firm results and action

Holding 1/4 heads and 3/4 oppies for a higher % gain on oppies and liquidity on heads

Scenario:
$10k invested (1.7c heads / .008c oppies)
If heads reach 5c

Sell heads at 5c = $19,366
--- Profit $9,366

Sell oppies at 4c = $39,956
--- Profit $29,956

Higher risk, higher reward but then oppies have seen less volatility at these levels, and let's face it, 8m market cap currently, with very little on the books as yet and only upside to come all going well, shows a much less drastic swing in the risk side vs reward in % terms

All imo of course