Anders_uk has sold some shares to buy house23 Apr 2021 18:07
I’m sure these sells will come as a surprise to many shipmates at this late stage in the game. Why? Like many of you I thought this was going to done and dusted end of last year, or January latest once the DFS came through. I spotted a nice house in October and put an offer in and although there have been a few delays with conveyancing and various other things, it’s crunch time and we’re completing end of next week.
Some may have noticed I’ve not posted as much on both LSE and Telegram in the past few weeks because I knew these sells were coming and I didn’t want to be accused of ramping so I could sell at a higher price.
In hindsight I should have sold on the RNS that sent us north of 30p, but at the time I decided to hold as long as possible in case we got this across the line.
I requested the RNS be published out of hours, so you all have a chance to read this post and digest the reasons for sale. It’s a shame I couldn’t hold everything until the end game, but I can’t miss the opportunity to buy this house, it’s ideal and took many hours of searching and is perfect for me.
Finally I’d like to say a thank you to our excellent BOD, who’ve enabled me to buy a decent house mortgage free. This has developed into an even more interesting project and I think although selling at this price isn’t ideal, the BOD will maximize value for us all and we’ll end up getting a lot more than we originally anticipated.
Derampers, the words above are from the horses mouth, don’t bother trying to spin anything negative out of this. I trust the BOD and this project, but couldn’t miss this house.
Anders
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