RE: SP19 May 2023 12:40
master - i have replied directly to you on this exact question many months ago. so you’ve proved you have a very short memory.
to reiterate, i took part in the raise of july 2021 at 3.5p. it was a very small part of my portfolio (~2%) and as much of a punt as it gets, so i rarely posted here in the early days. ai is right, though - care to look back and i was here.
i’d all but written it off but then mb’s presentation in early december whet my appetite and i topped up, albeit still a small ish holding. then the raise came in february at 2.5p, but with the sp at 2.95p i decided to ignore wos’s advice to everyone to buy on the open market at that 2.95p and put in a big order. i assumed i’d be massively scaled back, hence the oversized order but slightly to my surprise i got circa 70% of my order. i now have what i would class as a chunky holding in my portfolio, albeit if it goes to hell then it won’t ruin me… 50p though would mean retiring earlier than expected!
so, i want this to do well. i was still wary of mb after his december presentation but thought it now worth taking additional risk here. february came and i was right to be wary of mb… he very clearly said we were funded for heron, velociraptor 1 and a start on 2, and (i might be incorrect here) some for the renewables project, and that we would not need a raise. so he lied or misled, either intentionally (very naughty) or not (which could still imply he’s not up to the job).
but here we are, i’ve doubled my money and could sell. but while i am getting more and more concerned with the delays, i am also hopeful this will come good. and if it does, i’ll be very happy. if it doesn’t, i’ll be ****ed off. but not broken.
my problem has always been the “guaranteed” success here. and for shooting down those and being generally read rude (sadly, you’ve really let yourself down in recent months in this regards) to those who have anything approaching an opposing view to the 15p any day now comments.