RE: Nice to see more people out13 Feb 2019 09:55
Really? I’m a LTH and have done incredibly well from this share. And continue to hold for a long time yet. There is no other business I have found that has built such a diverse pipeline of sales. Most companies on aim that do well are reliant on a single customer. Lose that and business is in trouble. That is why opti is such an interesting opportunity.
So I don’t feel screwed over in any way. The management have built an amazing business model. If the business was already built then you wouldn’t be able to buy at these prices. The shares would be much higher. So trading statement is exactly what a trading statement for a good business at this stage should be.
You said you were looking for an entry point of 60 right? Personally I wouldn’t invest in a business where I didn’t trust management no matter what price. So you are looking for the figure of 60p. (Which feels arbitrary as you could have bought at 60 very recently so I assume this is a recent plan?)
But if the trading statement showed opti making 10m profit then you wouldn’t be able to get in at the very low price you are on record as saying you want to buy at.
For me, 90p still very cheap and even though it’s 30p over price you are looking for I think you should revisit your strategy. Good luck with it though. It’s not one I could do myself - not just because I really value my integrity but it looks exhausting. Lot of respect for you being able to keep it up day after day. Very interesting to watch.