Anglo Asian Mining (AIM All-Share, Market capitalisation: ┬ú160m, 140p and 5.0% of JIC Portfolio and 12.7% of JIC Top 10):
On 13th┬áMay, I concluded:
I have AAZ as Medium Risk/High Reward, pointing to a 4.0% position. I am currently at 5.9%. I am happy to run that overweight position at the current price/valuation but on a spike up towards 140p would look to move the position towards 4.0%, perhaps in two steps. Trying to make sure there are no mixed messages: I like the stock but cannot justify reducing the risk from Medium to Low, which would allow the current position of 5.9%. Happy Holder.
I have just taken the first step, selling 4125 shares at 141.5p. That reduces the position to 5.0%.
Venture Life Group: (VLG.L, AIM All-Share: Market Cap ┬ú53m, 62p, 3.0% of JIC Portfolio and 0.0 of JIC Top 10)
I have also increased the position in Venture Life Group to 3.0%, towards my target weighting of 4.0%. The shares are off 4.7% today. I paid 61.4p for 7500 shares.