Share
637 Posts.
lightbulb Created with Sketch. 37
clock Created with Sketch.
12/03/18
13:18
Share
Originally posted by rookstar
↑
Me too have watched it go nowhere thats why i more unless gave up on it, couldnt sell as the money i would have gotten back wasnt worth it so im still holding on. Good chance for me to average down at the moment but i keep telling myself dont be a fool, so will see where i go from here.
Agree with the 10% holding definite good draw card hopefully other holders get involved either way.
It remindes me of the other dairy that there seems to be alot who own and dont care so naturally the board has done what it wants till now, definetly has me interested in this stock again although dont think i would buy till it got back down to its long term average.
Interesting way to look at it with mgc falling over and opportunity i guess i never looked at it like that, as for brownes dairy shame alterra didnt get involved even if they went in partnership but i suppose thats life.
In closing im looking forward to our new owners putting pressure on the current board i cant help to think that there is going to be a shift for the better, be it the current board embracing new ideas or a fight for positions definetly worth watching though.
Expand
Buffet advises against investing on the basis of trying to lower your average. Its either good investment or it isn't. I think right now that it is a good investment.