Given recent performance your reasoning doesn’t stack up…I have multi-bagged twice now and reinvested some of proceeds…since 2020 this is my third time around with amigo and am by no means a LTH
But if I were a LTH…I would have piled in on the lows and sold recent purchases at 100% minimum profit thereby reducing the average on my initial investment
No one can say for certain what will happen next or long term…speaking solely from my perspective…
Amigo is very much a viable prospect but like all investments still presents a risk
Yes probably nerves…sold half my lot yesterday for a tiny profit as gambled it to fall again today…stuck it all back in today averaging 0.521p …fingers crossed and good luck to all holders…optimistic for a favourable if short-term outcome!
How only yesterday buyers were paying close to and including 0.6p a share whilst at todays rock bottom prices they appear to be shy nearer the courts ruling
I bought the 15.7k yesterday…big ouch today! Initially I decided to just hold as following RNS my investment would be minuscule.. Rethinking I sold everything frantically this morning…with the proceeds I bought it all back…plus 100 percent of shares I was holding yesterday Whilst there is an argument to get out whatever is possible…having bought back I feel I am in a better position today. Of course this might result in losing it all in the coming months but as it was reduced to a pittance anyway I haven’t anything more to lose … Good luck to all long term holders