Re: Smith(DS)
Posted: April 19th, 2024, 2:02 pm
Well done BullDog. Played this one superbly. (For a change).
Commiserations to anyone still holding SMDS.
Commiserations to anyone still holding SMDS.
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BullDog wrote:Well done BullDog. Played this one superbly. (For a change).
Commiserations to anyone still holding SMDS.
kempiejon wrote:BullDog wrote:Well done BullDog. Played this one superbly. (For a change).
Commiserations to anyone still holding SMDS.
Could you expand, did you sell your SMDSs at £4.xx or were you buying Mondi on the dip. I did think swapping out of SMDS at a market high was worth it to save the potential admin and lull to release the SMDS money to be redeployed but it's in my non traded portfolio.
I have the pair of them and don't feel sad about that.
BullDog wrote:I suspected all along that Mondi could not afford to up their offer very far. As it was offered it was a 55/45 merger. Much more offered and it would have effectively been Mondi shareholders as the minority. So once IP came on the scene and I could sell a tad under 400p, then I did so. Not often I get a call right like that. But this one was a good decision.
Because of my top-slicing policy (adopted from Terry) a top-slice was indicated for me as SMDS was at 395.616p. So I too benefitted from the goings on, but of course through no skill of my own. The proceeds went into topping up BT and VOD. C.BullDog wrote:Well done BullDog. Played this one superbly.
csearle wrote:The proceeds went into topping up BT and VOD.
csearle wrote:Because of my top-slicing policy (adopted from Terry) a top-slice was indicated for me as SMDS was at 395.616p. So I too benefitted from the goings on, but of course through no skill of my own. The proceeds went into topping up BT and VOD. C.BullDog wrote:Well done BullDog. Played this one superbly.