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clock Created with Sketch. 20/09/18
20:07
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Originally posted by MindOverBody
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Good in terms of having a tight capital structure which allows the SP to swing hard upwards when there is interest/positive sentiment, bad in terms of liquidity, particularly when the sentiment of the underlying commodity/stock is poor like we have seen with cobalt since May. Only takes one small trade to drop the SP 10-20% due to the spread. High risk tolerance required. Management have been transparent thus far and it will be interesting to see if any interest is ascertained from the subsequent investment presentations in China.
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Thanks MOB really appreciate it.I am relaxed (if disappointed with recent drop) Not overexposed, knew it was not a sure thing, and content to wait and watch. Good luck to all fellow holders.
