Ashtead (AHT) - The recovery continues

scburbs......No I spoke to him to ask his permission to post....He was quite happy for me to say who he was....but I dont think its particularly relevant....

I think we are all surprised that AHT is closer to 130p than 140p at the moment & I do not blame him or anyone for reducing as a 10p+ fall could have made things very tricky for him from a margin call point of view. So better to reduce now than potentially be closed out & risk losing everything.

He will I am very confident be sitting on an excellent profit by Results in December.....if not before.

But I think he is very wise to bite the bullit now & be able to sleep nights.

He can & will buy back when AHT's SP is further North.