RE: Frankfurt Listing Actually, B.K. has not given any update recently on HRE. I guess he most probably will after the conference. This means, that the SP run up could mean that the market is beginning to take notice of Stans.
At the same time I am seeing a lot of exuberance in the board and the SP has only just begun to move.
We must be aware that if everything goes according to plan, this stock could have a price range of about $20.00 to $80.00 over a period of 2 to 3 years.
Thus it has a long way to go but we must be aware that it won't climb up in a straight line. There will be many corrections/consolidations along the way.
Hence, it is important to be aware that when investors are prone to emotional influence, like the current exuberance being shown, these same investors could be vulnerable to panic/depressing emotions when the corrections/consolidation comes.
What more when the memory of last year's correction is still very vividly remembered.
Thus, IMO, be excited now (as we have every reason to be) but please keep a very steady eye on the fundamentals of the company when the correction comes to avoid unnecessary sell offs that would cause a bigger correction than is necessary.
GLTA
Simon Bond