RE: SAID THIS ALL ALONG29 May 2024 12:52
Sometimes people try to time their sells on an ex div morning, to get out ahead of the minus dividend price; always seemed like a big hassle to me, lol.
Either get out on a spike in the run up to ex div, or ride it out, IMO. Obviously subject to various caveats.
In this instance, I am holding on fundamentals, as well as putting my faith in the management to continue to manage the business wisely in the (potentially volatile) months ahead.
Risks and threats aplenty, but no different to most of the other companies throughout the stock market indices IMO.
As long as they manage costs with laser focus, and continue to shrink the debt pile as effectively as they seem to have been doing, based on the last update, then I am willing to give them a fair amount of time to hopefully get me to my target price.
Naturally, just my views and nothing good in life is a slam dunk certainty :) GLA.