15 Jul | Purchase – China Biodiesel
So this buy ain’t gonna break the bank. Yesterday we lashed out and bought, wait for it, 1,960 shares of China Biodiesel at 6.6 pence a share, for a total outlay of £129.36. I think it’s the smallest single tranche of shares I’ve ever purchased.
But it’s not about the total outlay, it’s about the selling price and when these babies rocket to a quid each, I’ll be pocketing a cool 2K. Okay, so slightly over-optimistic? Sure, but as I mentioned when I added China Biodiesel to the Investor Trader Radar, maybe there is cause for a little optimism with CBI.L after bottoming out at 2 pence. Time will tell.