I also have a small allocation to Nykaa. Although I have kept some option to add more (and did some miniscule addition recently) but do not wish to ramp up significantly – what I cannot digest is the fact that having been in markets pretty long…and with you I consider even senior in terms of the big conviction investment you have done and ridden on Page…I am unable to digest how we could also miss this fairly simple issue of Lockin…specially after having seen the fate of Zomato around that…
I did have it in mind but somehow focussed on only the Anchor investors lockin part…
Not that the loss from recent fall in Nykaa is causing any severe damage to my Portfolio but we could have benefited from knowing this simple fact and buying in this sure shot fall…
Having known about the lockin and still not waiting to benefit from the fall (as nothing is really sure shot), is another matter…but for my case…I didnt even know of any more lockin expiry until the fall…makes me feel so small & humble yet again and brings me back to the thought of always remaining simple & cautious investor…
Thanks for keeping sharing your thoughts…
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