Hi mate, SAU story is not an easy one to understand. One has to go deep inside, analyze every thing and take a call, obviously market has not done the homework yet. We see many other two bit shares doubling and trebling in no time, so it must be frustrating to a few SAU investors not fully aware of the immense possibilities of SAU over next few years. The SAU story now is materially different from the one a few years back.And the mgmt is top notch now.
I don't invest into resources stocks that easily, SAU is one of my top bets, but I am also aware I will give it time minimum till 2020 to perform, if it looks good in 2020 , I will not hesitate to hold it for an indefinitely long period after that.
All successful resource sector investors stick their convictions over many years of uncertainty once they are convinced and invested in their picks, it is no different here.
I would like to recall the famous saying that the long path to wealth builder scrips in stock markets is rife with the corpses of highly intelligent,articulate nay sayers. That is the challenge we investors have to face and keep holding in face of all the noise , uncertainty and negative inputs. Mind you I am not pointing fingers at anyone here, almost all posters are highly competent in this board, just my 2c. Hope no one will mistake my post here. Cheers.
SAU Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held