Sold Half My Holding Yesterday...26 Aug 2009 23:22
...to invest in a mining company which I viewed as more likely to provide a spectacular profit.
Except AGTA's gone up today and DWY's fallen slightly but it's early days.
I'm sure AGTA has a bright future but I don't think it's going to do a GKP or PXS!
Agriculture is a long-term investment and I've noted other comments about the possibility of crop failures.
So AGTA has reverted to being an interesting investment but I don't expect it to do much in the near future.
However, once CFM has been taken over perhaps Phil Edmonds will invest more in AGTA?
Somehow, I don't think so.
I suspect he'll start yet another Africa-focussed company and make £millions.