VEC:Vectura ticked up a little today, so my loss was reduced to £89.44 (7.3%) when I sold them at lunchtime, but it means I have £1,052.58 ready to invest in SBTX:SkinBioTherapeutics first thing in the morning.
I'm rather nervous about the event. How far will the price have climbed in the first few seconds of trading? Will I even be able to buy on-line? Will I only be able to place a limit order? What's the maximum I'm willing to pay?
So many questions. I was bitten by getting over-excited when I first found out about OPTI:Optibiotix, and bought loads for 90p, which would still be loss-making if I hadn't topped up so many at prices all the way down to 68p. I don't want to make that mistake again, and buy at an inflated price early, only to find it drops 30% for a year.
I think I'll aim for 12p, and if it goes higher then I'll put in a limit order at 12p and see what happens. I can always buy more JLP:Jubilee Platinum in the short term, as that's dropped to a stupid price today, so could be somewhere to rest my money until SBTX:SkinBioTherapeutics sorts itself out. There's just that risk that it will continue to climb and I'll miss my opportunity.
Having said that, OPTI:Optibiotix only had 42 trades all day today, and amazingly most were sells - the day before holders may qualify for free shares in SkinBioTherapeutics! I guess they don't believe we will get free shares. Must admit, I'm beginning to doubt it myself. I just can't believe they would give away 25% of our company without some form of compensation.
Meanwhile it's been another great day today.
CAML:Central Asia Metals issued a superb final results statement, with record output and an increased dividend. What a superb company! The share price went up 5% which was worth hundreds of pounds.
KIBO:Kibo Mining is finally waking up. I don't know whether it's improved sentiment following the UK Investor Show at the weekend, or if news is imminent, but the bid price has gone from 4p to 5p in 2 days and wiped out a big chunk of my losses. They now sit at £814.15 which means Kibo is no longer my Nemesis Share. That title returns to AFG:Aquatic Food and may stay there for a while, as I think only news of buying another company could possibly make this share move.
IQE:IQE never fails to disappoint, climbing another 6.6% and now standing at a potential profit of £3,119.62. The most any share I have ever owned has been in profit. How much further can it go?
That leaves the combined portfolios up £773.43 on the week and £2,275 in the black overall. The ISA and share accounts are now only £828 in the red! Could they finally get into profit? Last time they got this close Trump appeared and everything plummeted, so I will try to temper my excitement.
So, I must steel myself for the morning, finish my daily constitutional a few minutes early and make sure I'm sat at my PC just before 8am so I can be poised to pounce!
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