Medica Group - buy back in?

Discussion of the proposed Cashback Investment Club

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Should we buy £600 worth of Medica Group if the buy price falls to £1.35?

Yes
14
93%
No
1
7%
 
Total votes: 15

richard@imutual
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Medica Group - buy back in?

Post by richard@imutual » Tue Oct 09, 2018 8:34 am

Medica Group is currently at 138.20p (sell @ 135.20p buy @ 141.80p)

In the absence of any other polls, can I propose setting a 'watch' such that we buy £600 worth if the buy price drops to £1.35?

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Re: Medica Group - buy back in?

Post by Beachboy » Tue Oct 09, 2018 8:54 am

Yes I would support that.

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Re: Medica Group - buy back in?

Post by garindan » Tue Oct 09, 2018 8:56 am

Agree here too.
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Re: Medica Group - buy back in?

Post by richard@imutual » Tue Oct 09, 2018 9:17 am

Ok, I've added a poll. I haven't set an end time but as soon as we get a majority of members voting yes I'll go for it
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Re: Medica Group - buy back in?

Post by parchedpeas » Tue Oct 09, 2018 9:28 am

Yes, ASAP.

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Re: Medica Group - buy back in?

Post by richard@imutual » Tue Oct 09, 2018 1:02 pm

Ok well it's 8-0 already so I've set the order in place
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Re: Medica Group - buy back in?

Post by blythburgh » Wed Oct 10, 2018 8:14 am

Is £1.35 too low a buy price or are they a tad volatile and could easily drop that low?
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Re: Medica Group - buy back in?

Post by garindan » Wed Oct 10, 2018 9:11 am

blythburgh wrote:Is £1.35 too low a buy price or are they a tad volatile and could easily drop that low?
Quote volatile for certain. Hence why they were sold last time under the rule we had in place that was only temporarily breached :thumbdown:
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Re: Medica Group - buy back in?

Post by blythburgh » Wed Oct 10, 2018 10:06 am

garindan wrote:
blythburgh wrote:Is £1.35 too low a buy price or are they a tad volatile and could easily drop that low?
Quote volatile for certain. Hence why they were sold last time under the rule we had in place that was only temporarily breached :thumbdown:

Hoping for a price crash asap then :lol:
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Re: Medica Group - buy back in?

Post by garindan » Wed Oct 10, 2018 12:28 pm

Well the buy just kicked in, so we have Medica again now, costing the equivalent of 135.57/share after costs due to the buy actually taking the first available trade at just over 133p.
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