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206 hit let's see whether rang starts again
Looking for 206 entry, nice little trading range at the moment on this
Mag my thoughts exactly, gotta grab these opportunities with both hands. Don't come along very often.
Mag I'll buy yours off you when it delists if u wanna sell, no commission lol
Nice strong push to £30 courtesy of Barc. I think this still has a little further to go
Mag I added to my original at 34, 51 and now 65. Feel a lot better with a lower average lol
Well I've been busy all day, just added a few more rude not too
Has anyone been keeping count of the amount of shares traded? I must have a look at the weekend, I still think there are some forced sellers still out there and Im looking for a drop back down to the low 50s if possible, any more a bonus.
SD agree on your post there, the more the banks stop lending the sooner they will stop. I've started slowly averaging into gilts as a long term play here as I think once they pause there could be a few consecutive cuts. Central banks did not give rises a chance to work before pushing ahead and as we know it takes about 6 months for the increase to have an impact.
Nice little move today, we are nearly there at the £30. GLA
Look at the fundimentls here if someone offered me shares in a company from £3 down to 30p yes please. Institutions can't hold as iliquid
My guess is once delisted these will go for about £1.20 when taken private. I just look at what he done to Vedanta
Bottom line is if you need your capital you won't get it back until company sold which may never happen. I'm happy to lock away, I know I won't get it's true value but I also know me and Anil won't be out at 30p but the institutions will cause they can't hold unlisted. Well many can't thanks to Neil the fraud Woodford.
Who's right, who's wrong only time will tell. All I know is Anil will not sell his holding for 30p so neither will I. Can I afford to lose my investment, yes, will I, no I don't think so. Can I get my money back, no not unless Anil decides to sell. This is not an oli needing money
Gtx my thoughts exactly, I've held these for a few years now. A £4 takeover was rejected and I said back then any offer would have to start with a 5. One thing's for sure Anil won't be selling lower than £5. I like u see this as a buy forget for another day. The fact it's delisted just means you cant sell your shares. This is where Woodford went wrong when people left for the exit. It's a business valued at more than 30p and if Anil pays a divi we get it too. He will do what he's done before a take it private. You wouldn't take a loss making business private hence why I'm building.
Gtx I've just emailed my broker again for confirmation. No one knows when an RNS could land on this one. Who knows where price will be on next 15 mins hence average in. I want to hold this after delist. Many institutions can't. I don't want to sell the shares, I'm taking a position based on future dividends and the company being bought out. One thing I know from history with Vedanta and Anil is that he will get me shares before I get their true value GLA
Gtx thanks for that I will dig in further they told me this am not a problem in both ISA and SIPP