CC
- 05 Oct 2018 07:39
- 55 of 59
Good morning. Possible offer for INTU today. Once again an example of just how much the city keep selling down UK shares only for a party to step in and take advantage.
Closed at 149p I suspect the offer may be around 200p. My breakeven is 208p but right now I'll take £2 and redeploy my capital elsewhere
skinny
- 05 Oct 2018 07:50
- 56 of 59
CC
- 05 Oct 2018 09:54
- 58 of 59
Yes I sold out of INTU at about 330 and then starting buying it on the way back down only to watch it fall to a price that to me was unimaginable when I started.
I've been lucky today. This gets me out of a hole. INTU was the only stock in my portfolio that was causing me real financial pain. I have other losers, but none with the kind of stake size I had on INTU.
I'm not sure what the bid price will be. 200p represents about a 33% increase from last nights close but it would still be a massive discount to NAV. I'll hold and see what happens.
CC
- 05 Oct 2018 16:42
- 59 of 59
FTSE down another zillion today on top of yesterday.
Actually not too bad for me which I'm thankful for.
Got a few dividend pennies to spend but I think I'll sit on that decision for the moment. Can't decided what my attitude to risk is right now.