Time scales17 Nov 2016 12:53
Yes this is volatile stock. So PI's can gain by buying on the dips and selling at the peaks, which is how I have largely de risked my holdings. Woodford is here for the long term although it has to be said his Patient Capital fund is down. Nevertheless, it could be a buying opportunity. I bought in to that fund recently.
Xeros is exciting, not just because of the laundry concept, but because of the technology platform it is developing. So far Laundry is starting to gather momentum and leather processing is emerging. 3 other applications are in their infancy.
Developing new tech is a long and slow process not to mention expensive but can be very rewarding. Timescales are hard to predict but with 5 branches of the technology, news flow should be interesting. We are well funded for the next 18 months so there is a lot to play for.
GLA