RE: Help15 Jun 2020 13:46
Its completely up to you, what you would feel comfortable to lose. Not all investments work out.
My opinion in this one is a strong HOLD. This share very rarely fluctuates by 1 or 2%. It will move by 5-10%. Therefore you could see a big decrease one second followed by a rise the next, which is never nice to see when it goes red. The baseline has now been set and once the next RNS is released this will rise very quickly.
I was watching Dragons Den last night and they showed when HungryHouse asked for an investment of £100k for their App. They got two dragons on board, but it fell through months after. HungryHouse went on after receiving an investment elsewhere and then was later sold to JustEat for £200m! Pretty sure the 2 dragons are kicking themselves now.
My point is, CTEA have just received an investment of £703k to help progress the activities of producing the App.
I know costs will be different from a few years ago, but this is still a very large amount! In the current climate with COVID-19 looking like it could be round for some time, this is only going to go one way.
Again, this is only my opinion. As with all shares, invest only what are you comfortable to lose.