Can’t work this out7 Mar 2023 18:42
So after seeing an RNS this morning which I considered another step, be it small, in a positive direction, I then see a drop in price? I contacted a friend/ investor for a chat to see if he could put some light on the reason, because all I could put it down too was disappointment in not being Croda news. He then tells me that he is starting to off load a hefty amount of his holding as he feels the time scale for good news is further away than he thought and thinks the right move is to Derisk his portfolio. I’m a bit more positive about this than him and in fairness my holding is quite high I’m not in his league and it does make sense too offload if your not sure about where this is heading. I do think we need a good piece of news soon as otherwise I see this drifting back to 16p and losing momentum to where we are now. I realise patience is a virtue but after 3 plus years of being involved feel it’s time for SA to chase up are contacts from these businesses that we are linked with and start hopefully this ball rolling.