Ok - if we are going initial entry I need to subtract the margins of have bought and sold ROC at a profit - average entry around 10c so double that is 20c so I win . I would like my prize to be Bazza floppy shoes and red nose. Lol
Seriously though - bazza I am truly amazed you can bag a stock that generated 80% of its market Cap in revenue Has Cashflow at 1/3 it's market cap Will have a profit about 1/4 of its market cap
Yet - you suggest on the FML thread people consider buying a stock that has ceased operations, put mines on care and maintance because they were bleeding cash -a company that generates buckleys , needs to explore to find something worth producing or use cash which is only 75% of its market to buy something . What worse you don't have the decency to assume we can read and come on this thread to call fMl a explorer and producer.
It seems to me you have little idea about investing - you bought ROC at a very high price , you sold at a huge loss and will eternally be bitter . Even though investors like myself , bytee and many others have done very well over the years and are likely to continue to do so
Now what is worse you told us you sold and when , you gloated when the price dropped below your exit , but now it's above your exit , so when I look at fML gains ( if it makes Any ) and compare to my roc gains - I will be minusing the roc price from 47.5 to work out your opportunity cost . Feel free to pop on the ROC thread to discuss as often as you want . I too may be popping into the fML thread to analyse and discuss the stock . It will be fun ;-)
ROC Price at posting:
48.5¢ Sentiment: LT Buy Disclosure: Held
