RE: Share price28 Aug 2018 23:25
Agreed SXX-Pound-Party,
Atm however, I find quite difficult to find another share that would offer even similar risk/reward ratio to Sirius therefore in my view by decreasing my stake in Sirius and taking another "high risk / high reward" position, I will actually be increasing the risk.....Considering the potential reward, I really believe SXX is a fairly "safe" investment especially now - times prior to obtaining planning permissions when it was a real gamble are long gone...
With regards to your "other strategy" to accumulate a target number of SXX shares, and upon reaching the desired quantity, revert back to the "safer" world - yes definitely that's the part of my plan. Buy as much SXX as I can in bulk cheaply now with all I have, and then, with time, gradually adding other investments in order to diversify / decrease the risk.
A bit of a gamble but hey, nothing risked, nothing gained.
Regards
KOH