RE: What Next?29 Mar 2024 06:16
It is only money, every investment is a risk.Health is more important.
So the company is continuing to trade and a dilutive material equity raise will be required.
Assuming most investors here are not just speculators with this being their only egg in the basket. For them, SDRY only is a part of a balanced portfolio then the investment is a taxable loss unless in an ISA. Money can be made back elsewhere so put it down to experience.
A loss need not define your life going forward. A disappointment for many of course, but you are still alive and breathing. Put it all into perspective.
The long term holders who bought in years ago at much higher prices will have already had to get on with their lives and presumably have adjusted and come to terms with the paper loss years ago. Yes it is not nice to lose money but many long term holders will have exited higher and got on with their lives.
Those who bought in recently like I did, are bag holders here. You made the decision to invest so own it, stop bleating. It was your choice, no one forced you to invest. You made that choice yourself, look around you life goes on. Embrace it.
Options
1 Sell at whatever you can when trading restarts and move on. Live and prosper elsewhere.
2 Invest in the funding at rock bottom prices, if you belief in the brand going forward. Even a 4p 2p 1p buy in may double treble quadruple if the problem is resolvable by funding.i remember the 2p a share Next plc days. Only when the terms are revealed can you make the calculation.
For most, option 1 may be the way to go and live a SDRY free life.
Remember, a share loss is only that, if will soon be only a faded memory. If you had bought a holiday instead then that too would only be a memory and the money also spent.
If you have gambled with money you could not afford to lose then you have yourself in a pickle. However, own it and get on with your life. As said, it does not need to define your life going forward. Unless you let it. There are no certainties in life, no one knows how many tomorrows you have so make the most of life instead of fixating here.
Happy Easter to all.
Mx
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