Trades10 Apr 2018 11:28
It surprises me that some people are willing to sell their stock at 17p after seeing it keep going up to the 20s.and it will go further, unless they paid 10p and have taken their 1/3rd allocation up at 8p giving them a sort term approximate 100% profit. However if you have paid a lot more, in some cases over a �1 for the shares it would pay them to be patient and wait. It would be better if you sell and want. as a guide say 40p then put them in your dealers hands to go at 40p when that price is reached. If every one stipulated the price they will sell at with so few available then there may be a reasonable quick increase in the price. This of course will not happen, but it would be interesting to see what did happen if holders of the stock who wish to sell did stipulate a much higher price, would it go up quickly or just stagnate .either way the holders of the stock probably would not lose.
Not sure what the position is with the company who wants the stock but will not make an offer. Can they still scoop up shares at the 20p they are now? as this is a most unusual situation and not one we have come across in our 45+ years of holding shares, as far as we can remember, but then it may have done..
Got to the stage now where we are just selling our stocks and buying investment trusts covering all sectors and countries, then instead of adding new stock to our portfolio just increasing the IT holdings. Age in the end gets you and you find it too much of a hassle each day to look for bargains etc.