That's It I'm Out!2 Apr 2024 08:51
Sold up this morning (only 39,100 shares each for myself and my brother) for a small Β£500 odd profit (as the difference in profit, of a few hundred quid, is negligible between today and the 15p T/O price, as yes I do think the crooked barstewards are going to 'squeak' this through! π).
Needed the funds to take part in a share offer (with a deadline of today at 11.00am otherwise I would have waited!) so as to reduce my average in that company from Β£2.55 to 96p (as currently underwater over there by Β£72.5K!) in the hopes of breaking even!
Whether it's the right thing to do only time will tell, but I believe the risk/reward is better (but then with my track record in investing WTFDIK!!!!????)
Wishing you all the best, hopefully I'm wrong and the T/O attempt will fail (but what then!?)
Hope you all get to see fair value (especially the LTHs!).
Good luck!
MB