RE: Nigel4 May 2018 15:20
Despite the little swipe there, I actually agree with you Bakky. This company is now run in a sober and careful way, making real money and gearing up to become a beefier concern with acquisitions. Add that to a debt-free balance sheet and the promise of near-term dividends, and it's a highly enticing investment, albeit one I cannot presently hold.
As for today's recurring forum 'baddie', I couldn't give a hoot what a former BoD says when they bother spending time on a PI forum trying to act big.
I bought all my shares here in the 9s and sold on the opening bell today, so whilst I sorely wish I had made a nice quick profit on a buyout, there are no tears in my tea this afternoon and I walked away with a very small notional 'profit'. I agreed with Bakky when he said it wouldn't *necessarily* be a buyout - they only said it had to be shareholder accretive, and I can see see how this deal fits into that, albeit with a slightly longer-term perspective than I had hoped for. I obviously wish it had gone the other way but only for purely selfish reasons - for the company this is a good move.
Were my life circumstances different I'd happily hold this, but AIM will have its hissy fits and I have 'real life stuff' happening requiring capital very imminently, so long holds are not presently appropriate.
I wish those here the very best of luck, not that I think you'll need it, and I'll be back in when life permits.