RE: Placing Shares27 Sep 2025 11:14
MIKODX below is just my view
I currently hold 3,234,700 shares at an average of 0.8577p in my ISA, and 1,592,737 shares in my SIPP at an average of 2.07p. I've also applied for an additional £4,523 worth at 0.20p, including warrants, with the hope that this will reduce my average in the SIPP to around 1p, or potentially lower.
I fully understand that this is a high-risk investment, but I’m willing to take that risk. If the share price reaches 1.5p to 2.5p, I’ll be content.
For long-term holders with average prices around 5p to 10p, I believe — based on my own judgment — that they could be in the money by 2027. This isn’t intended as ramping or deramping; it’s simply my personal view.
Averaging down isn’t for everyone — as mentioned, this is a gamble. I remain hopeful that the share price might reach around 10p by late 2026 or 2027, which could at least allow loyal holders to recover their capital, and perhaps see a modest profit.