HLX 0.00% 0.4¢ helix resources limited

CV, Regrettably, we all have or had a HLX in our portfolio. The...

  1. 202 Posts.
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    CV,
    Regrettably, we all have or had a HLX in our portfolio. The attachment we form with those companies through those long years is an interesting phenomenon. We convince ourselves of their great potential and read their scant offerings and manufacture a mirage of opportunities. I have one now - VMS. Over the last decade, I 've carefully watched it go from 40 cents down to where it is now. It convinced me (and themselves) of their world class projects dotted all over the countryside. I gleaned their scant releases with rapture and imagined the wealth and influence it would all bring. The reality is they simply have no luck amongst other things and simply tread water as a penny dreadful. The only thing I see is a tax loss to offset against the successful companies in the portfolio. In the meantime, if I want to be wealthy and own VMS, I need to buy more lottery tickets.

    HLX is a seemingly a twin of VMS. HLX is on my watch list for two reasons - one it holds lots of ground around my companies (AMI & AIS) and I always look for synergies/news etc. The other reason is to watch you people morbidly debate the values and otherwise of this sad situation.

    IMO you all need to throw a bucket of cold water over yourselves and reassess.
 
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