1) Hmmmm maybe....well yes, but most others have down well after rasing cash this way. 2) 11 - 17 months is a long time to be tied to a particular share. Thats ok if you are in a green field miner and are prepared to wait for what you hope will be a ten bagger. This aint never going back to $5. Thats my logic, or lack of it. 3) I hope so. Otherwise it will be a dead company. With China still booming, Haier on board, what could they want.
Agree management is good. Cant blame them for getting so far into debt as they all have been down this path.
Will still keep an eye on this mob and buy back in when there is life. Can find other things to make money on.
You have had yours for 18 months, add another possible 17 months, and that is a long time to hold a stock which has not payed you back very much.
I was hoping that there would be enough of a jump to be able to get back my capital and leave my profit behind as free carry, but cant see that happening soon.
Best of luck for all the good reasons EL :)
FPA Price at posting:
54.0¢ Sentiment: Sell Disclosure: Held