RE: Geordie25 May 2019 11:52
MRd, see you’ve loaded up on sxx. Hope you do well there. I have a much reduced position, following on from stg2 raise, as part of my diversified portfolio I took some at 15p. IMO they will be held back for sometime, because of the 400m usd cbo’s with strike price 18p. In the past sxx cbo holders have shorted to protect against capital loss. Lots of other potential pitfalls but maybe different this time. (Having said that Qataris have taken a stake, not sure good or bad given their mixed record). Hope I haven’t annoyed any non holders, by bringing this up, but in my opinion in the short to medium term PMO a much better if still volatile investment.