AEJ 0.00% $8.00 redbank energy limited

Hi there dalegI am a little more sanguine than you. (Have we had...

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  1. 7,263 Posts.
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    Hi there daleg

    I am a little more sanguine than you. (Have we had this conversation before?)

    I am confident in the board, Richard and Simon in particular, and don't feel the need to know when anyone buys a paper clip. I am sure they are honouring their disclosure obligations.

    This is not an ordinary investment in an ordinary company. (Get over that illusion or get out fast...) An investment in AEJ is like owning a binary option. We are either going to loose everything, or make a lot of money. I judge the probablilities for an moderate outcome to be less likely than an extreme outcome.

    "Death by a thousand cuts" seems a little theatrical for me when I consider that AEJ is trading at my average holding price one almost one year after buying it. Not many stocks in the ASX 200 can match that.

    Let us wait patiently.

    All the best


 
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