Sell @ $0.745, $0.75
Continue to sell my extras. I still have a few more batches… Got overly optimistic last time after reading the couple of TheEdge articles on the Indonesian owner's plan to unlock value in Neratel. Looks like those plans had been mostly shelved, perhaps, they ae too busy dealing with their bigger Indonesia focussed Equity Funds due to the weakening INR (although it recovered ~7% in Q1, it weakened ~4% Q2 to end-May). Perhaps there'll be better stability (in Indonesia) after their Presidential Elections and the controlling shareholder will have more time to unlock value here?
For now, I'm flexible to sell more extras or to buy back on dips… 😀