RE: Results7 May 2025 16:59
There have been some outstanding posts on here today.
And to those who are going to try and lobby for some changes, I wish you well.
I have been reflecting on my own (remaining) position here, on and off, throughout the day.
I decided to offload the remains of what I had.
Which was a fairly small position, but given it was in the investment pot, actually meant I deliberated quite hard over it!
The reasons were as touched upon by a few of you, but perhaps debt being the stand out factor for me personally. More than the two or three other valid concerns also voiced by a few people over the day.
In this environment, even if/when rates come down, I just think letting the debt pile increase, while increasing the dividend, was not the right commercial move.
I appreciate that many of you will strongly disagree with this sentiment. And that is fine too.
None of which means I think this is going bust, or any other radical volte face stuff, all too common on these chat boards.
This might change in future, and certainly it will remain on my radar for potential trades again immediately.
But if neither comes to pass again, then GLA and I hope you make a packet.