JRV 10.0% 1.1¢ jervois global limited

It’s funny you say that, because it’s exactly what i thought at...

  1. 231 Posts.
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    It’s funny you say that, because it’s exactly what i thought at 8c, so I waited. Kicked myself at 15c and bought in only to sell for breakeven as I had to reweight my portfolio and also thought it HAD to retrace, so I waited again. Hit 20c+ on news of director appointment, kicked myself again and that’s when I thought to myself that realisticly I see a price target close to 1$ on current fundamentals, representing a large enough upside of 2x+ to personally outweigh the benefit of sitting out and camping for a better price, so I took a stake. On most occasions price does matter, but sometimes there’s no point bothering when the potential is huge.

    But I agree, market works in a funny way, and if it drops i’ll be a buyer again.
    Last edited by Flux.: 24/10/17
 
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