Monday, January 4, 2021

FIRST REIT: 75,300 -> 0 shares (Part 2)


SOLD 75,300 shares of my FIRST REIT on 4 Jan 2021 at $0.265

If you didn't read my "Increased my FIRST REIT from 48,000 shares to 75,300 shares" post on 31 Dec, please read it first as this post is a continuous of it. 

After buying back 75,300 shares at $0.23 on 31 Dec, there is a huge buy volume today.

The highest price today reached $0.27 just before noon.

Why I sell it today?

A simple reason is $0.265 is 33% higher than the rights price of $0.20

Will I buy back in future?

Yes and No, depending on the price.

If it goes up higher, I wont be doing buy back.

If it goes near to $0.20, I will be doing buy back.

Every investment have a price tag to it.

Even one of the most basic phone Xiaomi Redmi 9A have a price tag of $140 today.

What is the share price of FIRST REIT will make you hit the BUY button?

Realistic is the keyword to the question as First REIT own Hard Assets.

Related post:

1) Increased my FIRST REIT from 48,000 shares to 75,300 shares

2) First REIT AGM 2020

3) Added: FIRST REIT (Jan 2020)

4) Added: FIRST REIT (Jan 2020) again

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