WFE wolfe energy limited

100%, page-7

  1. 2,543 Posts.
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    No advice on this site.

    But IMO you cant go wrong taking some profits of the table, if you holding was from .005 or below you shouldnt need to sell that big a % to free carry.

    Not saying i expect it too but last thing you want this to do now is drift back towards the raise price and not have taken any profits.

    Look at JB's other 2 recent acquisitions.

    VEC 1.8c raise went to 4c on acquisition... has now drifted back to 2.2c (low of 2c)
    4CE 5c raise went to 17c on pump and acquisition.... has now drifted back to 9.5c (low of 6.7c)

    Nature of the market once the hype dies down normality will resume.

    Again no advice and do what is best for you.
 
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