Originally Posted by
Left field
Since the ATM FY21 results last Thursday, I’ve reduced my remaining ‘free held’ holding to below 5% of my portfolio.
Why not sell them all? I’m sentimentally attached to A2, and my remaining shares will act as a ‘bookmark’ that will keep me interested in the company which I still see as having a good long term future. However, in the short term I don’t see ATM out-performing the NZX as it did for many years.
As I look back on the 9 years I owned ATM shares, my realized tax free capital gains are over 1,300% on my original investment ( ie approx 150% pa.) and as for many years ATM was over 70% of my portfolio, I did very, very well and also learned much.
So thanks ATM for the good times, I wish you well for the future.