I have to agree bellcurve.. For anyone who has done their research on Dom he has mentioned taking money off the table previously. Below excerpt from an interview in 2010.. long time ago but pretty sure he's mentioned this more recently as well.. maybe a couple of years ago.
Anyway, I'm also happy he has got to enjoy some of the fruits of his labour.. he was looking very overworked and stressed whilst the Track integration was in full swing and now the overall business is doing well and almost debt free, I'm pretty sure anyone invested at this stage is going to do well in the next 6-12 months..
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Carosa, who lost his equity in Destra, the company he founded, following the collapse of stockbroking form Opes Prime in 2008, unsurprisingly says he would do things differently given the chance again.
“You should always take the money off the table,” he says. “I never sold a Destra share in eight years and in hindsight I should’ve sold some shares.”
“It’s one of those things and it all happens for a reason. You can choose to make it into a learning experience. A mistake is only a mistake if you don’t learn from it.”
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dyor
CM8 Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
