Had to sell some TLX. Did well though as I could have panicked 2 months back at 80c or so.
I've balked on buying REX.
I spent two hours reading the data and it was smelling way before covid.
The China / US trade war was doing damage.
When covid hit Rex went as far as to say that could only survive 6 months.
And were stopping flights.
They've got some government assistance to help them through covid.
It is still possible that the 70% gain I was looking for due to a possible equity raising can happen.
But at the same time, it could completely fall over. And I think it's over valued considering where it was just 7 weeks ago.
Too much risk for my daughters cash.
If I was considering it for myself I'd be watching all commentary on virgin this weekend.
And finally, still have 2 1/2 hours to go with this preservative free pork belly I got from my Italian butcher.
