Better get out9 Aug 2021 21:36
I still have half my original investment in BT. It’s not the hundreds of thousands that the boomers typically have, it’s money in an ISA. I initially put half of my allowed limit in April, in BT. I was basing my decision on a ‘safe bet’. A trusted company with a concrete certainty of a product to sell. Nothing too risky. Couldn’t believe my luck with the sp since April. When Drahi announced his stake I was ‘amazed’. I didn’t know you could acquire such a large stake without notification. Since that date I have regarded this like the penny shares on AIM. Completely shaft the individual investor with subterfuge and misleading news articles. Unlike several posters on here I had never heard of Adam Crozier until this weekend. I am very careful with my money and want to know it’s safe -I’ve had to work hard for it. I like the comments about him being a ‘shy’ person who avoids the limelight. I can imagine he will make redundancies. As a person who benefitted from free school meals in Thatcher’s Britain I have mixed feelings about this. I will keep 50% of my initial investment in BT. If it drops to 100p, I’ll buy some more. However, I do not feel confident about my investment, unlike many people on here. If you don’t like me saying that then - tough.