RE: HarryCaul13 Apr 2023 19:01
Evening APD.
My original position was in Arden, of which I was up nicely also. However, it was so illiquid, every time I tried to take the profit, the MM's whacked it. I mean they were 26 bid, and to sell 10k was miles away.
Ince came in and Bid for them, so I figured a decent-sized company with circa £100m T/O might be the way forward.
The bulk of the position was after the fundraise, on the back of stakebuilding to average the position. Foolishly thought it may recover.
With regards to Alan and his Wife's intentions, I have my own opinions on what might happen next, but for obvious reasons, I'm not going to voice them here. I'm no Legal Eagle and Alan looks like he might get the hump and unleash hell on you if the wrong thing was said (if you know what I mean).
Whatever happens now, I'll be seriously surprised if it benefits any of the small shareholders like you or I.