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31/01/18
17:53
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Originally posted by Sdaji
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I honestly laugh at some of the posts on AEB. I especially liked the one saying they now had a lot of cash!
I strongly recommend (I think I'm allowed to recommend this according to site rules!) that before buying AEB you go back through the history of the company. Read old announcements, read the last few years of discussions here on Hot Copper. Understand the nature of this company before making your decision about where to put your good money.
This company has had lots of money many times. It ends up in the pockets of people on the payroll, a family runs this business and pay themselves wages with this money, and when it's running low they raise more money, and once again have 'a lot of money', and so on. Just go look at the company's history and see how much it happens! Look at how large their wages are and where this money goes.
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Equally it is hilarious to hear the same old whining from the same folk that like calling out the peaks and troughs! Anyone thinking of "investing" in a stock like this would be plain stupid...