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G'day Grubarura. "I just wonder, when did you decide to leave...

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  1. 5,536 Posts.
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    G'day Grubarura.

    "I just wonder, when did you decide to leave the prominent, top 20 place on AQD registry ?"

    I decided a few years back that I had too many different stocks and that I needed to slim them down to about 5 or 6 of the ones that I felt had the best chance of success.

    I sold out of the others and increased my holdings in PIO and ICG mostly.

    I sold AQD at that stage and also stocks like NST which I had bought around 50c and I sold at about a dollar.

    My NST holding alone would now be worth about $1.5 million had I just kept that one stock and there were others.
    I still think I probably made the correct move ultimately but it is sure hard sometimes when they do things that have no consideration for the sp.
    The discount raising at 33% totally changed my perception of management I am afraid.

    Lockitt
 
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