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If I take my allocation at 1.5p, it brings my average down to 15.6p from an average of 29.7p
For the sake of £568 is not worth taking this risk? Already lost basically everything anyway.
If the share price ever did return to a 10p, at least the losses wouldn't be as severe.
What are your thoughts?
If you are prepared to lose another £568 then why not .. things can’t get worse surely ?
I mean they always do but surely not this time
Forget about averages. Ask yourself whether or not you would invest in GDR now at this price regardless of previous investment. If the answer is yes, then buy as you believe you will make money. If not, then don't buy.
Gloria market have you invested and will you be buying more shares ??
I’m going along with your line of thinking and am averaging down as much as I can reasonably afford. However, Gloriamarket’s latest advice seems more sensible!
I sold at a small loss when sp was above 12p. One of my savvier decisions, I'm pleased to say. I'm interested in buying in again as GDR does have products that will be bought, question is when.
Gloria has just answered your question regarding averaging down , if you think the products we have are worth more than 1.5p then go for it AND if Gloria is looking to buy in then thats another big tick.
The deadline for HL is 12 on Friday the 24th.
I’ve applied for my full allocation in my ISA and normal trading account - rightly or wrongly - only time will tell! 😊.
GLA.
Stephen11.
Ps…remember to vote…it’s your right as a shareholder…votes will probably close on the same date your broker closes the open offer.
Let’s hope you don’t blame Gloria if this goes tits up.
Looking at 2m at 1.5p for £30k but its still a punt really
If they line everything up i can see it being a take out target. Would be an ideal add for NCYT if they win their court case.
Although i am surprised they didn't try and take it private on the cheap. Thought a private equity player may have tried to get in on this. Lets see if it completes.
I only blame myself if i get it wrong, unlike some others .
Good, bad, or indifferent Joey it’s my investment and my call. It’s my best chance to recoup a significant lose - in my humble opinion 😊
I took my full allocations on both ISA and Share dealing accounts.
On IG.COM, closing date is today at 12PM UK time and will put the shares on 5th June.
GLA
IMHO, chasing after a loss never works out. Its driven by emotion.
Looks like we’ll be able to buy on the market for cheaper than 1.5p looking at the current trajectory of the SP 😳
I think, this will keep between 1.5p - 2p until 5th June then move above 2p...
GLA
No chance!
Best keeping powder dry IMO.
I think you’ll find the market will decide not somebody like you Mr Bloggs .. but of course you know better because of ….. what? Nothing exactly !
No need to get offensive !
Talk about losing cool 😂
The trust in this company has gone and the placing will only attract existing shareholders who are desperate to lower their average. Personally I think even 1.5p for a company who has a turnover less than your roadside cafe owner is now too expensive especially with the share dilution.
It would be interesting to know how many members of staff make more than the income
I’m not losing my cool I just get sick people with very limited knowledge .. putting about totally irrelevant comments .. investing is a very individual process and will be made up of a set of individual criteria and goals .. the only common goal will be to profit from that investment .. whether you take up the open offer it very much personal decision.. which certainly doesn’t require advice from ………….
PROBLEY complete the raise then take the company private!!!!!!!!
After awarding themselves extra bonuses
Don’t say that! You’ll only upset a few on here!