i have been watching this stock for a long time.i still cant...

i have been watching this stock for a long time.

i still cant beleive they raised capital at $0.20, and to see it at $0.09 is so crazy i dont know what to think.

who the hell has been dumping it?

why?

40% geared, NTA over $0.60 and its $0.09?

and people tell us fund managers know what they are doing?

they have NFI and neither do short sighted brokers.

i bet if you speak to a broker or fund manager they will say buy some sort of gold producer, talk about short termist. why not seek out value, if they were all so good why didnt they see this coming?

the last time i spoke to my broker the oil price was $135 USD and he wanted me to buy WPL. i spoke to him a few days ago and asked about LPT's and he said they were all going broke, i mean, do they not realise how much more the asset prices have to fall because they are actually worth what they are trading at now?

the next thing will be they will say to invest in agriculture because you still need to eat. well i would much rather buy MOF or WDC over any food producer because at least with MOF and WDC i have the potential for some long term capital growth when the markets turn. agriculture and gold will be only short term investment plays, im here to look for a good income stream that grows overtime. Sure property is crappy right now but go back in history and you will find that the seriously wealthly people made their money investing i things that were out of favour and then became favourable (Andrew Forrest?).

The only reason i havent brought MOF is because the price keeps falling, i thought i found the entry point around $0.11 but i was mistaken. when it flattens out thats when i will be in there.