RE: Profit ...16 Nov 2021 12:03
Jackdaw is clearly trying to make a point that taking the deal would have yielded a profit due to an increase in SP on BVX. But you know that already don't you?
I'm pointing out that it's a fallacy, as the deal on the table was so bad that it needs to 20bag to get close to break even. But again, you know that.
Not really any need for name calling there really is there?
Fine, I'll take your point that you found out about this share via the proposed deal and have made about 30% . Add in what's been lost on MTFB here and you'll be down still, as admitted by saying you are recovering your investment.
Point is, the implication by Jackdaw is that we would be in profit had we taken the deal, when the reality is we would still be very much down