G'day 'Nut.
Of course
1 regret could be not taking profits along the way, sure. That may put a few bucks back in your bank account but you end up with less shares and when this baby flies that just means less profit. Trust me, I get it and question myself often. Easy for me to say with a small entry price, but I do not gloat about it. If I was genuinely concerned about AVZ I would sell down 'some'. Alas, I am not a trader and often lack the discipline to contemplate parting with any of my 700,000 shares.
Since Oct 2017 I have paid careful attention to HC and read everything else I could find. Since then AVZ has been mocked and belittled and the BOD have borne the brunt of many attacks on their ability and credibility. Fast forward to today and I can say that every single negative post (eg: missed timeline, sovereign risk etc etc) means "nothing" because we've proven them all wrong. If any of those negative comments were true, we wouldn't be where we are today.
We're experiencing an attack on all 4 fronts, from 4 Goliaths, so it is only natural to question AVZ's ability. We've sailed through arbitration (and saved JAG's nuts) without a single word from the BOD. A Country of no less than the second largest economy in the entire World has us in their cross-hairs and we are winning the battle.
I generally post smart-arsed comical posts with an occasional tug at the heart attempt because I am so comfortable where AVZ is right now. There are enough good quality researchers here and on the crapper that you don't need me posting more.
I'll will however repeat something I used to say to newbies often on the crapper. "We are all different and here for different reasons - what does YOUR trading plan say? Follow it. If it turns against you, learn and re-write your plan." My plan says "sit on your hands".
Cheers.
TC.
PS - don't take it as an omen but "Crumblin' down" by Mellencamp is playing right now
1 regret could be not taking profits along the way, sure. That may put a few bucks back in your bank account but you end up with less shares and when this baby flies that just means less profit. Trust me, I get it and question myself often. Easy for me to say with a small entry price, but I do not gloat about it. If I was genuinely concerned about AVZ I would sell down 'some'. Alas, I am not a trader and often lack the discipline to contemplate parting with any of my 700,000 shares.
Since Oct 2017 I have paid careful attention to HC and read everything else I could find. Since then AVZ has been mocked and belittled and the BOD have borne the brunt of many attacks on their ability and credibility. Fast forward to today and I can say that every single negative post (eg: missed timeline, sovereign risk etc etc) means "nothing" because we've proven them all wrong. If any of those negative comments were true, we wouldn't be where we are today.
We're experiencing an attack on all 4 fronts, from 4 Goliaths, so it is only natural to question AVZ's ability. We've sailed through arbitration (and saved JAG's nuts) without a single word from the BOD. A Country of no less than the second largest economy in the entire World has us in their cross-hairs and we are winning the battle.
I generally post smart-arsed comical posts with an occasional tug at the heart attempt because I am so comfortable where AVZ is right now. There are enough good quality researchers here and on the crapper that you don't need me posting more.
I'll will however repeat something I used to say to newbies often on the crapper. "We are all different and here for different reasons - what does YOUR trading plan say? Follow it. If it turns against you, learn and re-write your plan." My plan says "sit on your hands".
Cheers.
TC.
PS - don't take it as an omen but "Crumblin' down" by Mellencamp is playing right now
maybe you could have a word to my accountant? I've told him it'll be fine but he ain't having a bar of it. 
I’m glad you and Nuts cleared that up Count, I don’t know why I keep thinking you had an operation for a detached rectum!
You don't need to.
In my opinion, Accountants are there for an opinion on HOW to navigate the statutory frameworks and NOT for investment advice.I like the sound of that either or why not both?
Mind you if I had have listened to that dick head I'd be down 8% instead of up 800%
Don't be afraid to ask CGT queries here too. @Thaz is a great resource and will gladly give you generic commentary.
All depends on AVZ really I'll be happy at either with a Connoisseur of fine tastes as a neighbour.Maybe my villa will end up close to yours?
Although I do like Liguria as well
Great post
I'm partially joking TC, let's just say I'll be glad to be rid of him because he's conservative and boring with no sense of humor. Not to say lack of liquidity isn't somewhat of an issue for both of us atm but he's just going to have to wait.
ptlas, ASIC are pretty toothless and not inclined to take action against anyone, and not necessarily their own fault, they have been underfunded and therefore understaffed for at least the last 10 years scomo’s government was in. Also, I think the disgruntled shareholder here who may be trying to convince others that he is willing to take part in a class action is not as well versed in the facts as he would pretend. I have been approached by two groups of shareholders (A2M class action lawyers still sending me emails) because they need more money to investigate and proceed with action against the companies. Class actions are too much to pursue and if the share holders had done their due diligence they would have sold out like me before they lost their investment. Unfortunately it’s a profession you have to put hours into every day
