Alas, ZeroV, I sold my last 100k today so for the first time in 12 years I am “FUM-less”.
Why? Due to my initial take on yesterday’s RNS and the particular annoyance and worry regarding TPR being delayed for 5 months. But mainly due to the funding requirement and Lombard having 28 million shares, most being bought at 7p. If they’re “paying attention” I’ll be very surprised if they don’t take advantage of this situation and ultimately decimate the SP yet again like last year - it’s very much Groundhog Day.
I still have great faith in MED and do intend to re-enter, but I think we’re in line for a drop to 10p to 15p in the next couple of months, which equates to salvaging over 10 grand on my disposal and impending repurchase. It’s a big gamble, I know, particularly after being a holder for so long. But once bitten twice shy.
It’s weird I’m now looking in from the outside, hoping for a fall (this is purely business and nothing personal, guys). It’s a bit like finishing with a lass then feeling jealous when seeing her going out with someone else.
But I still feel part of the “team” and hope you’ll all treat me well and understand where I’m coming from. It’s also good to see this BB spring back to life with some excellent contributions.
A genuine GLA despite my different “wish” (in the short term).