A price we have to pay.....9 Sep 2020 14:35
No such thing as investing without some risk. Anyone who says otherwise should be taken with a large pinch of salt. I am a long term investor with a significant (for me) holding, and am well in paper profit. The drop in SP this month does not concern me, because the fundamental for EUA remain extremely strong - proven valuable assets in the ground, and a very good board steering takeover negotiations. There is an information vacuum at the moment for perfectly understandable reasons, and when you add in market/election/COVID uncertainty across the pond it doesn’t surprise me that the SP is a bit flakey, especially when so many holders are sitting on large paper profits. If SP drops to mid teens then I might be a little more concerned.
This is the most positive I have ever been about a share, and am certain of a positive outcome, but like I said there is no such thing as “free money”, and the price we pay as investors is the occasional stress and doubts - which is only a human reaction. If you are still confident of fundamentals here, and I am, hold your nerve, ignore the doom mongers and nay sayers, and trust the guys negotiating the deal. Mayt...