RE: Why isn't it higher?9 Mar 2022 09:30
Lots of reasons why it isn't higher, fear, uncertainty, optics or investing in a "Russian company" (yes I know it isn't), investment policies (ex FTSE 100 trackers dumping) etc.
I must admit the bargain I thought I had gotten a week ago doesn't feel so secure today as my average is the same price I can still buy it at and has been all week. I'd feel a lot more confident if my average matched my best tranche at 53p than 86 overall. Still, I think the risk to reward is asymmetric, as in I could lose 10k or make 30k. Even if that was a 50/50 it would be a good bet, I suspect it's better than 50/50.