Stop in for a drink.
Well, time for a few more beers. I lost another $40k in equity yesterday. At least today I gained half of that back so far with today’s prices on the Australian Exchange where the company is listed...but the night is young yet, and the investors are pissed off and finicky.
I have no faith that it will recover much. I might still net some lunch money out of it...maybe.
A bit hard to take after all my hard work for the company to see my equity go from $250k to to $80k in two days. If it goes where I expect it will, my net will be only around $20k. Then shave off taxes and the AUD/USD exchange rate...and it’s lunch money. Less than 5% of what it was worth and barely enough to buy a badly used car.
*sigh* Time for another beer.