RE: Exit strategy?7 Oct 2018 19:52
I was one of those that remortgaged to buy in here. I only did a 100k but could have done 250k or more. HSBC cocked up my mortgage, it took a month longer than expected and I was buying in the 4,5 and 6s instead of the 2 and 3s. In fact HSBCs delays probably cost me about a million pounds. I’m not bitter as I have done very well from BMN and am holding for long term gains.
I am though massively disappointed in AV’s interview about 18 months ago where he criticised PIs stating that the reason why the SP hadn’t risen as much as it should have was down to PIs selling out with a small profit. We all know that it is down to so called “Instutional Investors” selling out when they have made their 50 %. BMN has an amazing share base who are happy to hold and reap the rewards of a successful company.
This will make a minimum of £2 a share in the next 18 months so I am still buying, as are my wife, children and friends.