OHE money hit my bank yesterday.
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OHE money hit my bank yesterday.
Warren Buffett's first rule of investing : "Avoid losses!"
Add to the list - Feltex, IQE, PRC, SNK, PPL, VIL etc etc etc.
Other pertinent rules of investing according to Buffett : "Invest in companies you understand and invest like the markets could shut down for 5 years".
B P , Fortunately I never understood the business model of OHE so didn't buy at the time of the froth but ultimately did buy once I thought it had come off the bottom @ .85 so made up for some of my losses and dreadful other investments decisions,, WYN, PEB, SNK to name a few.
Got my cash from my XS shareholding. I now have a new outdoor bar leaner - very nice. Will enjoy this more than my OHE holding.
OHE will finally delist now ‘Taken over’
Great example of how capital markets shouldn’t work
Too bad no chance for recovery