RE: So, now what....12 May 2023 07:28
Ken
Yes it's a big "if" but one can only hope - certainly no sign of another bidder on the horizon
I did start my position here north of a hundred a few years back but have since averaged down. With the divs and ignoring inflation, I'm around break even at 80p. Personally I try and invest for the longer term and ride out the cycles so selling at c. 25% below NAV, unless the company is severely distressed (which I don't believe Civitas are) is wrong.
Of course I fully understand the muted euphoria for those who entered recently.