AZG 0.00% 3.6¢ allmine group limited

Snowy, it doesn't make sense to say holders cant afford to...

  1. 3,627 Posts.
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    Snowy, it doesn't make sense to say holders cant afford to sell?

    Selling results in money into your bank account, financially it does not cost anyhting but emotinally it may hurt.

    If you think the price will go lower then you should be selling however.

    Otherwise you are just clutching at straws and have an emotional investment in the company.

    I think the small players are going to get squeezed in this environment - ala NOD, VMG, BOL and a few others in 2009. Avoid debt at all costs, EHL for example looks dicey..

    I do hold a very small AZG parcel and it is almost not worth bothering to sell but may just clear the decks soon.
 
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