RE: Let’s be clear!27 May 2025 06:54
Although years ago you could have bought CNR for 0.52p and sold for 11p before consolidation
Greed., FMO and the sheer size of the resource stopped many of us from cashing in, buying on the decent from 11p, increasing our averages and locking people in. A lesson learnt.
Those who could wait it out and didn't need the cash are starting to get back to to break even and turn a profit.
Currently I am 10% up overall (not great for a 16 year investment) and every 0.1p rise adds another 1%.
The only plus point is that my entire holding is now in ISA/SIPP wrappers.