WPI 0.00% 2.5¢ west peak iron limited

"but it's just not sexy enough, thats the truth as dumb as it is...

  1. 1,514 Posts.
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    "but it's just not sexy enough, thats the truth as dumb as it is it's just not that exciting"
    therein lies the underlying problem of investing in the specci end of the ASX spectrum. You're not alone in thinking this. I too have thought like this in the past. It's these so called "sexy" deals that give you the quick profit right? I'm not so sure in the end. Management is key to any business and whether you buy at 4c 2.6c or 2c, when the company is worth 50c in 12 months (its possible given time frames of purchase and whether revenue is generated within 12 months) it matters little, unless you're after the quick "sexy" deals. Patience always wins out
 
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Currently unlisted public company.

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