I’ve sold out, as of today purely because at 80%, you are totally at the mercy of whatever bell potter decide to do. You may have to sell at anytime, whenever they choose to exit. Plus there is a good chance the share gets delisted with a lack of retail holders hence you couldn’t sell before then either. Given the price would have dropped significantly in the market anyway, it’s just not worth the risk in my opinion, when you could easily get screwed. You just have zero control of your investment and can’t even be sure you’re holding long term.
it’s a shame as I bought these to hold for a few years and was happy to hold alongside Blundy, but I just can’t guarantee that would be possible now.
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