RE: Break even mark25 Mar 2024 14:16
I'm not sure why you find it peculiar that I haven't posted before. I generally don't post on any board unless I have something to add, and I often find that people on boards can be rude, make assumptions, and not actually answer the question when you engage directly.
To answer your questions: I wouldn't describe it as 'a whack'; it was a relatively small investment at less than 0.1% of my pot, but I invested based on a recommendation from an investor friend. The same friend recommended HE1 and I cashed out of that after 10xing a similar size investment for a decent 6 figure profit, and I've had similar good recommendations from them before.
I never said I don't understand the potential of an RTO, just that I haven't been near one before. I do understand the potential, however, as per my previous post, I cannot wrap my head around the various and wide-ranging speculative SP values that people have been posting on here. I would be very interested for someone to lay out their maths a bit more clearly, and provide a bit of validation for the assumptions. What I have seen so far seems to skip over the dilution element without addressing what, in my 'opinion', is likely to be a massive dilution. I've seen posts on here speculating the new SP will be anywhere from 10p to £2 but so far without anything tangible to back up the theory.