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<blockquote data-quote="cove" data-source="post: 2292212" data-attributes="member: 24703"><p>Just under 12 years ago we bought shares in an unlisted company. This company has struggled and now has declared a maiden dividend. Overnight success…..NOT.</p><p>Now that we are older or as our sons would say ancient we will try hard to avoid investing in unlisted companies….</p><p>We invested in a couple of Sydney hotel syndicates and the current pandemic has pretty much iced the income seeing Sydney is pretty much locked up. Naturally we are hoping we don’t need to wait 11 years for these two.</p><p>So far we had to put more funds into one of the hotel syndicates and the other one is going ok.</p></blockquote><p></p>
[QUOTE="cove, post: 2292212, member: 24703"] Just under 12 years ago we bought shares in an unlisted company. This company has struggled and now has declared a maiden dividend. Overnight success…..NOT. Now that we are older or as our sons would say ancient we will try hard to avoid investing in unlisted companies…. We invested in a couple of Sydney hotel syndicates and the current pandemic has pretty much iced the income seeing Sydney is pretty much locked up. Naturally we are hoping we don’t need to wait 11 years for these two. So far we had to put more funds into one of the hotel syndicates and the other one is going ok. [/QUOTE]
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