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Moneyme

26 Posts.

06/10/17

22:15

Post #: 27727002
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Originally posted by Moneyme ↑

The whole market went up today. It is all about the beta. It is easy to get emotionally carried away about the US (dream) but I am not learnt not to invest in dreams.
Fundamentally we need to start at home. AU growth rates this coming half, compared to previous halves (before the impact of the Spookfish entering the market). If there is a slight % growth decrease, it will cement the fact that it will be the highest growth in AU for years to come. Sell.

Alternatively, if there is no slow down or an increase like Rob noted in is June update due to his new AU management team, then we should feel quite comfortable in investing. Buy.

I am also clearly sitting on the fence. Personally I am tending towards supporting Robs June comments about the impact of the new AU management team and relying on the integrity of the Board to keep management in line. This is a pure integrity tester.

I am usually not as foregoving on magangement, but have a lot of faith in the Board. My absolute deadline will be the 31 Dec results. On the one hand management will measured on their excuses and lack of integrity or for their skill in execution and integrity and keeping their promises.

I think I will buy another 50k next week just to keep me motivated one way or the other.

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Please excuse he grammar/ spelling. I just arrived back in Melbourne from an especially long flight from Denmark.

NEA Price at posting: 61.0¢ Sentiment: Buy Disclosure: Held
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NEA chart, page-616

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Chaos reigns markets – so let's take stock of where we're at ahead of December