ENE - Energy Developments

[So_Cynical]

I totally sold out of ENE today @ 2.77 for a loss of around 1.8% over 35 months including dividends, plus the inflation loss lol...the 3 biggest mistakes were buying too many shares with the first entry, and no were near enough at the lowest latest entry.

Of course buying anything at the top of the bull was also a bad idea (i didn't even know what a bull was ) should i have exited with a stop at 5 or 7% loss in the first place? maybe i would of brought BNB with the money. :dunno:

Anyway its been a hell of a ride...and ive learnt alot, ENE was my first big entry into the stock market, Blue dots are the buys and Pink, the one and only sell.
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[skc]

I totally sold out of ENE today @ 2.77 for a loss of around 1.8% over 35 months including dividends, plus the inflation loss lol...the 3 biggest mistakes were buying too many shares with the first entry, and no were near enough at the lowest latest entry.

Of course buying anything at the top of the bull was also a bad idea (i didn't even know what a bull was ) should i have exited with a stop at 5 or 7% loss in the first place? maybe i would of brought BNB with the money. :dunno:

Anyway its been a hell of a ride...and ive learnt alot, ENE was my first big entry into the stock market, Blue dots are the buys and Pink, the one and only sell.
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SC the game is not over yet. PEP will only get a majority share with several institutions holding out. The minority mop-up game can sometimes be lucrative. Look at GCL.

I have no doubt though cheaper prices will come if in fact the liquidity dries up after PEP finish with the on-market buys. I am putting in a low ball bid just to see if it'd ever get hit.

 

[So_Cynical]

SC the game is not over yet. PEP will only get a majority share with several institutions holding out.

They have 52.4% as of today, so they have control over the board or will have in time....anyway money will be in the bank in a few days and im moving on with my strategy, its good to be cashed up again and ready for the W bottom

http://www.asx.com.au/asxpdf/20100113/pdf/31n4y2h184jk6z.pdf

 

[piggybank]

Nearly 4 years since the last posting - obviously not one of the most popular stocks here!!

 

[System]

On October 23rd, 2015, Energy Developments Limited (ENE) was removed from the ASX's official list at the request of the Company, in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement whereby DUET Group (DUE) acquired all of the ordinary shares in the Company.