New buyer!11 Feb 2015 12:15
Good afternoon. I just dipped my toe in with a £1k purchase at .09p and will top up on further weakness. Have watched the presentation, read the Share Prophets update and by and large think this is probably a POS long term. However it could easily ramp up 100-200% or more on just a tad of good news ...i.e. payment of £300K and any more contracts. In the long term it sounds very limited unless they expand beyond Merico. So in my view I either lose £1k or make £1 or £2K, I'll take those odds. The £300k sounds nailed on so that should help and it did sound like more contract announcements were immenent. Good luck to all.