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I have held on, but we are now back at my average purchase price...
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I have held on, but we are now back at my average purchase price...
All of us who have bought in can see the potential. What we need to see is the potential being realised.
Hopefully, I was just a year too early, buying in at 9p. Better than being a year too late, I suppose. ;)
SEQI Sequoia Economic Infrastructure Income Fund Limited
(And at least, unlike some of my other lacklustre investments, I'm being paid to hold it.)
SEQI Sequoia Economic Infrastructure Income Fund Limited
This is possibly my biggest disappointment - not my biggest loser, but the one that's most underperformed against my expectations.
As albajack implies - this holding is 'ballast' for me, insurance, sort of.
V happy.
I have a stake but I'm increasingly thinking like Adam above: cashflow is the issue and companies ultimately live or die on cash.
I bought in when it was featured in SCSW, and have averaged down a bit but am still at a cost base of 9p - so still a long way underwater.
Yeah, I've doubled down.
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