I agree it can be a bit frustrating but some of these investments are not far off seed funding level so it will take time for them to bare fruit. Sgs big gamble hopefully will do it. Maybe he is holding on to the cash to capitalise on sgs for production working capital if required ? Otherwise having a big cash pile means that when a great opportunity arises he can jump on it. I know what you mean when you see the £2m sat there doing nothing but he has a war chest with that cash so let’s hope he can make the most of it when the time is right... otherwise it will be another fund raise and dilution when the seed investments require further funding. In for the LTH here
Sold mine today. I totally believe in the long term but for me as I check the prices too often I can’t be doing with the drop to £9.50 as per the other week. Question of nerves ! Good luck all I’m sure I will be back
RE: These dips are great for buying13 Mar 2021 18:46
There is but it’s behind a paywall !
I reckon all those stimulus cheques will push growth / tech up a bit next week. The spectre of bond rates still ever present tho. Be nice to see the February fact sheet so we know what the latest portfolio is re USA tech stocks
I reckon we will get a bounce from the stim cheques getting spent on “bargain tech” I think I will ride that then take a breather on this one as the level of drop sent me over the edge! I just thought we would see maybe 10/20% drop but the carnage was unreal albeit we have bounced back a bit. Interesting when you look at SMT it’s not just the tech bit but the whole growth sector that got battered which I just wasn’t expecting. Live and learn !! Atb
If it’s under the cgt allowance you will be fine. The transfer to your sipp/isa doesn’t make a difference because even though you paid £2 odd the value at the transaction is now £3 odd. So it goes in the sales price and you get a gain.
Obviously on the sipp side you will be able to claim income tax relief etc but that is just based on your contribution so separate to cgt.
@mouse Sorry to hear that this share is stressing you out, I know the feeling from Scottish mortgage trust this week and other “stable” stocks. I think with amigo it’s a total punt so should only be a small part of your portfolio to reduce the stress. Now jpm are on board I feel it’s less of a punt but still wish I sold some at this weeks highs . Anyway enjoy the weekend now the markets are shut Best wishes