Decision made - time to sell (some)18 Sep 2020 20:35
So, 27p has made me make a decision to sell some of my shares.
130,000 shares to be sold on Monday, means i can put in my pension so in 5 years i can pay off my mortgage; plus i get high rate tax relief putting it in and can tale it out tax free, esentially making my selling price 40p (27p plus 50%).
I know (hope) GGP still has a way to go, but a real profit rather than paper profit means i can tell the wife the mortgage is sorted; just no point paying it off with interest rates so low.
I thought i'd missed it at 25p, the last two days have been a hell of a ride.
1.4 average price so still got 300,000 shares to see where we end up.