The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I find it laughable that derampers go on about how this could crash to zero. Every single investment you ever place your money in can collapse to zero. I have invested in a handful myself and learnt valuable lessons along the way. Reminding fellow adults that their investments are risky is insulting to the intelligence of your fellow investors.
The risk is high for sure, but it is considerably less risky than previous drills that we have done. 5 days after our last TD, we were informed of a busted iron neck and everything fell by the wayside. LB also was far more stressed in the Proactive Investor interview linked to that drill. If you haven't already, watch the previous drill interview and then watch this one. This one is far shorter, far jollier and more positive words being used.
It is in LBs interest to sell us the dream, but equally the initial results sound incredibly positive.
Risk vs Reward
1.3p -> 0.2p if we fail.
1.3p -> 10p+ if we succeed.
Invest £1000 and fail = £180 left over~
Invest £1000 and win = £8000 left over~
The risk vs reward seems good to me, f*ck off incessant derampers and get a real hobby.