RE: Pressure14 Nov 2023 10:32
Davie-b,
I do take your point, and I genuinely think it's very valid. I look at it a different way, as I'm not a trader, and I don't think you are too. Do I believe there is a very likely chance of CH being lifted? Yes I do. Nothing is 100% guaranteed, but I would give this over a 90% chance. Do I also think this hold will be lifted very soon? Yes I do, perhaps this month, likely this year, probably imo. Do I think the price will rerate significantly once it is lifted? Yes I do. Conservatively 100%+. So in summary, I'm playing the odds game, but as an investor & not a trader, but I do get the idea of derisking. I will be derisking myself some of my pile after CH has lifted, at a much higher price.