RE: Quiet30 Aug 2020 08:56
bbr391 - I seem to recall seeing a post from you, suggesting you bought back in yesterday. Hope you didn't get caught on too high a spike?
I couldn't quite believe the trades, particularly yesterday, where many must have gambled a lot of cash only to lose a huge part of it later that day. Even for AIM, yesterday was beyond acceptable.
Meantime, we shouldn't have long to wait for the Interims/update and should our BoD be non-committal, the picture should be a lot clearer when the revised Tariff EdS will have to deal with becomes known.
This latter issue could unfortunately prove to be the end game for us all. There is always the outside chance Argentina wont default and IMF can find even more sticking plasters to hold the country together. That way, the revised tariff may just about allow EdS to continue paying off its debts ultimately to Rur. And that way, shareholders get a payback.
We can always dream.
B
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Thanks Brooms ,
I have discussed Rurelec thoroughly on my blog .
Gordon is in your camp of scepticism too .
I think this rise is very very very overdue & warranted .
Trading I luckily sold out at 3p .
I bought a few back at 1.8 & 1.3 .
I feel 4 to 8 p is not only feasible . But , more than likely over the next few months . If the said £14 million is from Reserves as Morris & Co have elucidated .
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Gordon owns 2 % still .
One hopes you are close to your buy in point soon .
Best of , bbr391