RE: I moved to Tullow to recover my losses on here5 Oct 2020 20:50
Thanks for all your good wishes guys, I am genuinely touched. I do believe cinema will come back strong sometime in 2021, but I don't have the appetite to wait it out.
To get back in Cine, I would like 3 conditions:
1. Cineworld survives intact into 2021
2. Covid has been defeated or nearly defeated
3. An equity raise has been undertaken
In the meantime, Tullow is also risky but their RBL is likely to be approved next few days, which should see a big bounce in sp. That's why I have invested my Cine sales proceeds there, to try and recoup some of the loss from today.
Meanwhile best of luck to you long termers here, and hope to join you someday if I feel I can take another punt.
Best wishes
LB