RE: Monday was brutal. Will Tuesday be any better25 Jan 2022 11:41
SK I have eventually decided you are correct. I have pulled out (from around 370 down) around 50% of my investments in HBR, from my ISA at, around a 25% loss. I have transfered them into two other investments (that yesterday reduced due to the panic) that I feel will recover that loss and more.
HBR may well recover but feel the others investments have significantly more growth potential unencumbered by the longterm un-understandable influences playing out with this share.
Hopefully Tolmount comes on line soon but coupled with the loss of reserves, cost of replacing those, longterm confusion over Zama, the confusion over share ownership, management and EIG influence /direction, lack of information on when dividends are getting introduced (if they actually will be) are all too many variables for me. I also belive share buy back and debt reduction would be more prudent.
If you bought in yesterday, fair play.
GLA
Rgds Sft