RE: Movement23 Jul 2024 18:15
I was surprised at the strategy of Telious, but did say quite recently that it felt like a good time to accumulate. Even though you always have a slight niggle at the back of your mind that they know something that you do not, lol :)
Sometimes when an II dumps, it gives ordinary investors a golden opportunity to start/add to a position at a price that is overly cheap.
Based on the current known knowns, this statement is not a ramp, I think it is fair to say. And I am glad I did not let go of the trading tranche yet, even though my target was met. Have set a trailing stop though, in case we get a market event that takes this one along for the next ride down. Not that I am expecting it, just a precautionary measure.
Well done to those who reinvested their dividends. I never do, because I usually am able to get a better timed price. This was a rare occasion where that was not so.
Meanwhile, we have an answer to where those Tel shares went, at least some of them. And very interesting too. I know nothing about them, so have a little reading to do.
Undecided whether to change my overall exit price. Still sufficiently far off to not need much attention at this stage.
For now, simply enjoying not feeling quite so foolish with the various purchases I made all the way down to 92p or so :) GLA.