RE: It's funny11 Oct 2017 18:40
Latino, to clarify for you. I have expected a suspension, and as such I am therefore not spooked by it. You may or may not know this, but I have no control as to when the deal gets done, therefore I decided to buy in a good couple of months ago. I have sold some when it hit the low .2's and I topped up again when it hit mid teens. My average is still lower than the current SP.
Are you suggesting that I sit on my money and take a gamble that the RTO was not completed ahead of the Suspension date? That would be ridiculous. I identified an opportunity and then minimalized my risk of missing it buy jumping aboard.
It has enabled me to have more shares than I would have at todays closing SP for the same amount of money, without the risk of deal being done and my opportunity to buy at a low price missed forever.
I would have loved the RTO to be done without the need for suspension, obviously that would be great, but equally I always took a view that the suspension would probably happen, and therefore it has not come as a surprise. ergo "I was expecting it".
What I find is funny is that you are clearly not happy that RTO is now a serious probability. Has this surprised you?
Did you not expect it?
That said the proposed suspension (if required) will take place in 24 hrs from now. It still may not happen if RTO is completed tomorrow. But guess what, it won't come as surprise to me if it does happen.
A tiny part of me wants the Share to be suspended for a good couple of months, just so I can enjoy reading your posts shouting "DOOMED< WE'RE ALL DOOMED" for a couple of months.