RE: Mike Houston - Proactive Investors video09 Jul 2019 14:11
Easy to say, but there are 1,629,001,910 shares now vs 635,190,910 back in February. There might well be profit to be made if you're a new holder, but let's not forget that the share price used to be in double figure pence.
I've averaged down to 0.37p over time, but that's still a 76% loss.
It'd help justify any potential future for the business if they could be more certain about their pipeline and future profitability. Right now I expect my investment here to be completely wiped out as there's no significant order book to speak of.
If HUR plays out to its full potential, I don't see any reason that the shares couldn't be worth £5-10 and upwards. But there's no guarantee that a major is going to chase us down with bags of cash, and a lot depends on what happens over the next 2-3 years.
For what it's worth, I've been invested quite a while and wouldn't consider selling a single share until we're past £1 at the very least.