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Thanks Riddler. Yes I noticed similar. The point that LSL were interested in the assets, Barclays/Jeffries had found a buyer for LSH, that the shares were 5 fold higher prior to CV onset in U.K., plus impending government assistance, is likely to give intelligent investors Increasing confidence about the recovery value here. ATB :)
Riddler - the same sort always arrive near the bottom, don’t they?! In a way we need to thank them - if they weren’t around selling their shares and encouraging others to do the same there would be no liquidity! ATB :)
Sain - thank you for conceding that you made a loss here, and for previously conceding you crystallised a loss on INTU. The market is trying to tell you something - you are not an expert on either investment. I have a long track record on these boards of identifying leveraged recovery stocks, including POG, AAZ, SKP in recent years. I have had to deal with far more knowledgable and impressive detractors than you. Perhaps best for you to keep quiet for a while and let the adults speak :)
Wig
You seem to have developed a habit of making assumptions and jumping to the wrong conclusions like with INTU
Maybe a little research first before posting might be in order before second guessing other posters investment decisions ? .
Again jumping to the wrong conclusions on my position with CWD , as my posts here confirm been negative all the way down from 600p to 4p as CWD as they embarked on a strategy which ultimately was going to fail .borrowing money to buy disappearing revenue
So avoided that so sorry to disappoint
However I put my hand up . Having kept my powder dry til January this year bought on the strength that sales had increased at the gate ,amended credit facility and debt reduced
Bought in like others averaging less than 5p Sold some when they when 1:50 for a small profit Got it wrong thinking that the BODS had actually completed what they stated in a RNS (like others)
So ended up suffering a small loss on my exit when finding out that the sale of LSH hadn't happened
Hope at least 1 of your 2 dice rolls comes good You have spelled out your strategy Good luck with that but taling of horses already fallen it does seem a case of the cavalry arriving on the battlefeld when the artillery is still firing
Riddler - in answer to your qn.. yes, sain was invested here. He purchased when the shares were many multiples of the price today and naively believed the LSH deal was in the bag..“ True but most investors including myself (stupidly) believed that the LSH deal had been done and dusted.” Sain - sounds like your horse has already fallen. ATB :)
AS 95% of CWD staff are furloughed .you would have thought accompanying that announcement the BODS might actually take one for the team as well by taking a paycut .The silence is deafening . Some of them ought to seriously consider taking one retrospectively back to when they started especially those enagaged in the abortive deal on LSH