RE: Marston's Share Price3 Sep 2024 11:40
FWIW I have been readding to build up 10 tranches again. Worked well the last time adding all the way down to sub 26p to recover an out of position position !
Thought is after having exited + 30% above 43p, snooker rack in again (not a recommendation)
1
11
111
1111 = 10 tranches
1 @ sub 40
2 @ sub 38, new AC 39
3 @ sub 34 x 2 new AC 36.5
4 @ sub 30 x 2 new AC 34.34
5 @ sub 27 x 4 new AC 31.40
AC - average cost (for illustration ignores stamp and comms)
SP I expect only to retrace to mid 30s and any bounce back above 42p, will lead to a trim.
Aim is for a new core MARS holding build sub 30p by adding and trimming and then moving towards £zero AC.