Thanks to all who replied.
I consider myself to be a long term investor and not a day trader, with that in mind I place faith in the people who ASK for my money. You don't list a company if you don't need shareholders.
My company here in Fiji has just had a professional report with an indication of a 20%+ ROI. We have no capital gains on share values no income tax on dividends. We know all and everyone of our shareholders and ask them continuously to be involved.
I simply become upset with either management incompetence or on a more sinister note management who are developing behind the scenes deals.
I understand that the management of TAM may think that a web site is a minor thing after all they are a gold mining company and not an I.T geek. However we all remember Poseidon Mining who had great information services at the time and went from 20c to $276 dollars with absolutely no assets in the ground. The directors of TAM need to understand this. Gold is not just in the ground!
By the way i sold down my position today purely on the fact that the shareholders relations of the company indicate problems behind the scenes. I will buy back in if and when they consider us important in the scheme of things.
P.S thanks for the reminder on volatility, but I rode Aristocrat from 90c and am no stranger to the weird things that happen in markets
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Mkt cap ! $37.60M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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2 | 202907 | 0.039 |
1 | 33000 | 0.036 |
1 | 50000 | 0.033 |
1 | 20000 | 0.032 |
Price($) | Vol. | No. |
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0.041 | 706406 | 1 |
0.044 | 23577 | 1 |
0.045 | 24750 | 1 |
0.046 | 215109 | 1 |
0.047 | 198000 | 3 |
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