UnknownUnicorn560420
Long

Astralis Group and the Danish pandemic comebacks

OMXCOP:ASTGRP   ASTRALIS GROUP A/S
What a crazy lockdown period huh? I used the time to trim my expenses budget, plan ahead and free up more capital for investing.
I also learned a lot of cooking skills.
I also invested during the lockdown (As I do every month with excess capital). Here's the Astralis Group update.

Nobody is perfect, and I absolutely have taken a hit on this stock so far, but keep in mind that we are only a few months into a decade long trade.
Currently, we're in the accumulation phase for this stock, which means that excess capital is spread around this and other picks when available.
For clarity, I've posted the average price i've paid for the stock during the accumulation phase.
It's a simple strategy, but it can apply well to sectors / picks you determine will do well over a protracted period of time.

Astralis has resumed function as regular, and won most recently the CS:GO Road to Rio event.

June is going to be action packed for Astralis Group as both their League of Legends team and CS:GO teams clash off in the summer event qualifiers.
Positive outcomes and viewership numbers, combined with a more positive outlook on global reopening, could spark a rally around the june period, sending us up to test some resistance.

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