Funds and funny guysI17 Dec 2016 22:55
I have nothing against Investment Funds i have money in 13 and they all serve me well.No respect from me i met a new type of Fund here after over 30 years "the funny guys".What if all this last 5 weeks they have been buying to control prices.That is neither fair nor *****.
However what if they are truly gifted and used their Financial clout for a third party,plus look at Fridays buying could somebody be covertly building a stake for an upcoming bid?
There are ,i am told about 20 companies in this type of business,many i am sure would rather pay£140m to buy a
nestablished sepura than build a book over years and make substantial technical progress.
In short sell for 19.25p on monday or take a chance of another bidder.Wait 17 weeks get 11.6% annualised interest when 20p comes through.
Conclusion i can accept 11.6% p.a. interest on my investment any day of the week.
Anyway i want to see the BODs true colours.To finish i stick ,but if shares fall next week i buy, also i may need some help if i go to the FCA.