Housekeeping Magyar Telecom, Tonnelerie and Vetropack
As posted on Friday, I fully exited the Magyar position already on Friday at the VWAP of 589.6 HUF,or 2.03 EUR per share.
Part of the liquidity (currently 13 %) will be used to increase Tonnelerie and Vetropack to full positions of 5% from currently 3.2% and 2.8%. This is also a “self controlling” effort in order not to “waste” the free liquidity on any half baked ideas. In my opinion, you are much more focused if you have to sell an old position first before you buy the new position.