What people fail to remember...31 Oct 2019 10:03
People get caught up with emotion, leave that shiznit at the door. Think with your head and set yourself milestones.
You are materialistically sitting on a paper loss nothing more. Why run for the trees?
The facts from the RNS remain the same, two of the largest investment banks have been lined up. Let them do what they need to do. They need time. If a party has been lined up there is litigation and contracts to be drawn up and we will notified when the time is right.
If you do not have the stomach for sitting on your current paper losses, hit the sell button and ship out.
Nobody knows what the future holds. I didn't think this would break past the penny mark yet it quadrupled that. I played my cards right, de-risked at where I thought was right and stuck to my strategy. I have enough remaining to keep me happy should the offer come in.
Once an offer per share has been tabled, the SP will attempt to re-rate to that level until the purchase is completed.
All the best and good luck.