Post by
PanyCheck on Mar 19, 2018 4:55pm
Anybody buying at current levels ... will still make money
Conspiracy or manipulations or whatever ... one thing is quite sure: Anyone buying at these levels (0.09) will still make money. It is logical, that a(ny) take over price cannot be lower than the current price ... which is there for more than 90 days. No big investor would accept any lower price. PLUS the RE is still an extra addition on the top of it.
So the question is just the "size" of the premium above the current price. But the bottom at 0.09 seems to be pretty safe .... Which is a comfortable situation for anyone already beng in it. And unlike the last 10 years ... things will drastically change soon.
Time is working now for the ones with (little more) patience.
Finally !!
(Not trying to "pump" anything, but just an educated guess. Mot more and not less.)
Comment by
mal297 on Mar 19, 2018 5:32pm
Unless of course there is no takeover. Not at all likely imho but the only downside risk as far as I can tell. As you obviously believe (as do I) a risk worth taking with significant upside and limited downside potential.
Comment by
easycoder on Mar 19, 2018 6:45pm
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Comment by
NextPhase on Mar 19, 2018 7:10pm
It depends... 1370+ gold will increase the value of all other gold investments too, so there is an opportunity cost while being locked into AZX. At this stage, one could actually make the argument that gold staying flat throughout the whole process is preferable. NP Disclosure: I own AZX, this is not financial advice, do your own DD
Comment by
mikenooks on Mar 19, 2018 8:21pm
This post has been removed in accordance with Community Policy