EVO - Evolve Education

[Beagle]

Pretty poor result overall whichever way you slice and dice it. No wonder Milford been reducing their holding leading upto results date in past few weeks.

Glad I've sold mine last month at 1.09 after basically watching it go no where for about 2 months or so....costed me brokerage both ways, that's it!!!

Agreed. Other insto's been reducing lately too. Nothing in this result that would make them want to increase again. Most likely result is there's a massive undisclosed overhang of stock ready to come onto the market by disenfranchised institutional holders at the slightest hint of a SP increase. Very hard to see how the stock gains momentum upwards from here and the dividend yield case really isn't all that compelling either.
Children can be a very rewarding experience and running a day care by a caring family for others in the community can be an enriching experience all round for the kids / parents / caregivers but how much money is really in it and does this suit the corporate model ?...

[percy]

Not the result I was expecting.
Sold 75% of our holding.
Has brought the average cost of the balance to 68 cents per share.

[Beagle]

Not the result I was expecting.
Sold 75% of our holding.
Has brought the average cost of the balance to 68 cents per share.

Key advantage of being a retail investor over an institution is liquidity. I wouldn't mind having a few bob, (I like backing things that are 100% certain), there would be several institutions that would love to be able to extricate themselves from a tight spot as quickly as you have but the liquidity simply isn't there. If you'd sold a few more your remaining holding could have been free, (I would have if I were you)

[percy]

Totally agree,being a small retail investor means buying and selling can be easy.
Even then you often have be quick on the button .
Yes working on having "free ones".
Money was recycled very quickly into buying more LOV [asx].

[Hectorplains]

Not the result I was expecting.
Sold 75% of our holding.
Has brought the average cost of the balance to 68 cents per share.

Isn't their low since listing 82 cents? How'd you manage this feat?

[percy]

Isn't their low since listing 82 cents? How'd you manage this feat?

Piece of cake.

Buy 60,000 at 95 cents.$57,000
Sell 45,000 at $1,04 .$46,800.
Left with 15,000 costing $10,200 or 68 cents each.[plus received December's divie]
Next up if need be,sell 10,000 at $1.02, and hold onto 5,000 "free ones."

[King1212]

Piece of cake.

Buy 60,000 at 95 cents.$57,000
Sell 45,000 at $1,04 .$46,800.
Left with 15,000 costing $10,200 or 68 cents each.[plus received December's divie]
Next up if need be,sell 10,000 at $1.02, and hold onto 5,000 "free ones."

this is we call areal guru...all hail up to Percy!

Sold mine one when at $1.14

[sb9]

Anyone notice a big cross trade of more than 2mln shares transacted at $1 little while ago....

[winner69]

Anyone notice a big cross trade of more than 2mln shares transacted at $1 little while ago....

Those big shareholders continuing to sell down? ....plenty more to go

But Tim would say some lucky buyer

[sb9]

Those big shareholders continuing to sell down? ....plenty more to go

But Tim would say some lucky buyer

Yes, Milford have a plenty to offload. Guessing its them this time too