RE: SElling why?5 Nov 2020 11:19
GL because I bought from 5p 3 years ago, held and averaged down to 1.5p by buying several million shares through 9 extensions and abysmal pr, saw it rise to break even 12/10 to 14/10 only to watch it fall again due to abysmal pr.
The announcement of approval for the farmout, followed by the confirmation of the farmout, followed by the announcement of the OMC “shortly” which put me back to 40% + losses persuaded me ( very reluctantly ) to sell 2/3rds of my holding take the loss and reinvest elsewhere while there was some profit left. Still watching, still holding 1m shares, (same story with Solo/Scirocco) and waiting to see how long “shortly” is. If the sp drops far enough I will average down using some of the cash left and held for that purpose.