RE: R_B_D - it’s a good time to buy!16 Aug 2021 10:30
I invested here because, rightly or wrongly
a) I can afford to.
b) I understand the risk.
b) I think there is money to be made at the current price
The market cap is £31m they had around £6.8 million in cash at last count, they have other assets and the GAS alone at WN site is worth a lot. If the oil comes into then I just got really, really lucky.
The instils, professionals, most RBD holders, even the board all bought higher, much higher. So down here at this price it was well worth me taking a smallish stake and seeing where it goes.
c) I have been in and out since S&S got involved and it would be heart breaking not to have skin in the game at the point they finally strike it rich, which I hope is soon.
What I didn't factor in was having to convince you that it is ok for me to spend MY money on an investment that I feel happy about.