Winners and losers23 Jun 2022 21:14
As I outlined a week ago, this SP will drop 2-3%(average) per day each and every day after the last missed deadline, of several, that have been now famously ****ed up. I Invested 100k into TXP at £140 with the remaining balance hanging on a thread while the so called directors decide what may or may not be relevant within the next RNS. I was talked into this share a year ago and have seen (read) unbelievable mismanagement from the get go and after running a multi million pound business over the last 30 years, it beggars believe at the lack of board directors information to the MM. I have also witnessed that no one is saying “now is the time to buy 76p as no one can quite believe what is happening to TXP and the fact PB is still in charge of this **** show!!
Luckily, at the same time, I also invested £800k in to a London property development that just paid back £600k in profit. So I’m going to stay and play roulette on this one and either see this SP ride to either burn the rest of my 100k or hopefully double it over the next 6 months to £2:80 per share but I did laugh out loud when writing £2:80