That is your perogative.plenty of cheap shares to top up with.but as always we are probably not far from another increase in share issues.nearly time for freebies too I shouldnt be surprised.good luck with hitting theheights.which heights are you hoping for,the 99.9 pcent from here heights?
They are going to be so busy sorting out MTR and the long list of companies in which they invested rapidly running out of cash to worry too much about the direction of RGM and RRR. The whole exercise was based on the rising tide lifts all boats -the problem is the tide has gone out leaving all the brilliant investment strategies high and dry. If the market bolts again they will save their skins -if not they will all be cash strapped with no one to help them but the Saudis -
When a week or so ago i was listening to a Paul Johnson & Alex Borreli joint interview, Johnson said from last Monday he was no longer an employee of MTR. Sure from time to time (if MTR needed him) he would offer his services as a "senior consultant". But basically from last Monday he was no longer an employee of MTR.
So it will be fascinating if MTR without Johnson still show unswerving support for Bell and RRR. With MTR possessing 78 million RRR shares you would certainly hope so. But honestly i'm clueless if Andrew Bell has other big fans amongst the MTR board?
in MTR a few months ago is not looking one of Andrew Bell's better investment decisions. According to my calcs Red Rock's £100,000 share swap investment in MTR (Red Rock own 1,818,182 MTR shares) are today worth approximately £47,820.
Then again, often when Bell invests £100,000 in something it quickly ends up being worth zero and so that the RRR £100,000 MTR investment is still worth £47,820 is probably deemed as success for Bell.
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