The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I am invested and believe in ARB.. Nevertheless, #BTC prices in March were low. Looking at the statement where they said that Feb price levels give a 50% margin, I would warn investors for high March expectations. I expect ARB to have ran moderately above break-even in March. Manage your expectations and avoid wild shareprice swings.
I rather RRE do not do any take over right now. I expect the cash to act as a shareprice buffer when the corona-**** really starts to hit the fan.
Obviously.. but I mean a real sell off... oil demand will drop dramatically in coming month
Somewhere in the coming weeks i expect the virus to impact both the economy and the oil/gas price negatively.
I am trying to assess how RRE would deal with this. On one hand, we have plenty of cash to weather a storm. They could even benefit by preying on companies that would start to struggle..
On the other hand, the market can be irrational and trigger a sell-off (despite our cash)...
Having 80% of my PF makes me sleep at night. I was patient last year and it turned out well, I am patient now.
My only worry is, where to invest the money once I sell out in a year or two...
Would a Corbyn election be disastrous to RRE?
At first sight, I would think, yes... Nevertheless, it could offer cheap bargains in the market.
Should I leave my sleep on Thursday night...
A part from that, very happy with my RRE investment.