it doesnt faze me katherina. Obviously would have preferred an original re-entry at 42.5c rather than 50.1 but the loanbook will remain opaque to the market for a while yet - I'm prepared to sit it out for the moment. If it eats up some or all of my earlier RHG profits then so be it - I am averaging down anyway to take advantage of the volatility.
I don't ever take a position in any stock until I am completely comfortable with the risk/reward payoff.
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