RE: MM's widen spread19 Nov 2020 13:00
If you're asking me bf I used to have an average ( hard won over a couple of years ) of 1.6p.
However after the announcements in Oct and since with a consequent lack of any real news, having touched break even on/around 14/10 and seen the share generate £54k in a couple of days, then “lost “ £30k by the end of Oct early Nov, I got disillusioned and sold all bar 600,000 here and at SCIR to try my luck with Covid Stocks.
Sadly the US are fare better at talking up their shares than ODX, GDR and RMS ( classic pump and dump by the way ) so that's been exciting but not overly lucrative.
Still protecting about £20k of the gain, still playing Covid stocks, still watching and waiting - if the so goes low enough to drop my average or we get news I'll buy back some, but not all of my stock as I happier a bit more diversified. FWIW I've also acquired 7.5m AOGL shares to get me about 31,000 H1 shares on 3/12. Hoping to add more there at IPO but the placing was oversubscribed so they may be expensive. It’s a moot point whether it’s easier/cheaper to get them now via AOGL or buy them direct from H1 on the day IMO. GLA LTH