RE: What would you do?11 Dec 2020 09:07
I sold a chunk but its gone back in, and some!
I will holding all the way now and adding where i can. It's all relative. If you just cant stand to loose £100k then i would half the risk and half the reward. If you can risk it and your life would still be the same (minus £100k) then go for it.
The way i see it i invest in my business, in property, in family (school fees are a bugger!) and in a wife who likes nice shoes and it's the same here. I don't see the above as a risk as i have invested in what makes me happy. I have researched my business, my kids schools (i stop the research when it comes to the wife's shoe fettish)and perceive the risk to be very low compared to the reward.
For me if this hits 10x on positive P3, I wont retire as I love business too much but for sure I wont have to worry about money for the rest of my life. Thats a risk worth taking. I think this is not down to whether the P3 will be successful, this is down to whether a big pharma come on board, whether government stockpile and whether RM can manufacture in the quantities needed.