GT22 Dec 2010 08:28
Kept at 38 this morning which is good news. You are quite right, there are very few shares in circulation, probably around 10% if you take BCD/DNATA/Artemis, some major institutions who have had their shares from the original launch/senior management and a number including myself who have no intention of selling. However if somebody really wnats to buy which it looks like Artemis does the price shoots up as we have seen recently, yesterdays rise was on very small volume. This just again indicates that if we at any stage saw eitehr BCD or DNATA combined with management move to gain control we would see a total differnt price, inmy view something between 60 and 80 and i don't believe that the present stalemate can last in the long term and would rate the chances of a bid in 2011 at about 70/30. In the meantime just enjoying the ride, my average a few points below yours and have a considerable holding, will havea look at Tric. I am also in MWA disappointing but otherwise have a good spread, long term hoping for the banks and building companies which I do have ata a profit because I kept buying down, second largets holding is BP which I managed to hit reasonably near the bottom, was going to sell at these levels but think they can go higher and will have a look at the dividend, then I am holding some big chance/rsik shares in pharmas/gold which could go wrong but could also give the jackpot, already SOLG and VGM doing very well but hoping for ABH/SAR/ASM/OXB. Overall have turned a dramatic loss in 2008 to a very solid profit now and a well balanced portfolio so looking forward to 2011. Wish all Hoggers and everybody else a fabolous holiday and a great profitable 2011