Strange I normally see corporate actions in my account, I completely missed that I had to apply so kicking myself. Regardless I am happy to be in ODX long term and especially with the current pandemic making medical stocks more attractive and with the wider backing / positive sentiment they have.
Some insiders knew this was coming out and likely influenced itSome predicted it. But the big question is if JB or so some mr 1% will reverse his position, followed by who the heck mopped up the shares.
If the fundamentals didn’t outweigh the risk before, they sure look better now.
Unless the 1% sale is strategically between people connected in this move. I can’t understand why anyone would shortchange themselves this much, unless they gain on the other end. For me its balancing the Market cap vs fundamentals vs risk!
Nickel - I added this morning. Also no emotion, am looking at the balance sheet and seeing what I saw yesterday when I chose to buy. What hurt me was timing for my broken to execute which left we holding at a loss. Hopefully today’s buy will offset that for me, but I am fine to hold long term if I have to and willing to take the risk here.
So far this has been a a crazy ride, makes Alton towers look lame, it will either be the most costly experience or somehow there will be a prize at the end. The maths told me upside is huge, what did I miss!!!