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13.0¢ longtable group limited

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869 Posts.

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10/08/18

08:52

Post #: 34849503
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Originally posted by Reillyblue ↑

I am going to do something I haven't done here, defend Laura. A lot of investors pumped Laura up. Quoted that she was going to repeat her success here and all her connections to China would send the share price skyrocketing.
There was a heap of misinformation on her leadership and on the companies plans (i.e. infant formula). Sometimes if it walks like a duck and talks like a duck it is..... Laura and the company have actually been very straight forward with what they are trying to achieve and more importantly how. They did the consolidation to make it easier to raise money for acquisitions and these have not finished.
The people who you should be angry at are the posters who got on here (and on facebook sites like the asx penny stocks) and pumped and pumped to hook people in. I know of one who deliberately did it, when it was 3c up until 7c, when it started to retrace and they were called on it their response, I sold so I don't care. There are some average posters around be careful who you listen to.
In terms of your shares you are going to need to have patience. They are building a portfolio of business that they hope complement each other and (IMO DYOR) wanting to sell that entity later on.

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yes this will do well in long term

LON Price at posting: 54.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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