LEAP +8 Dec 2019 14:56
When you get to our age you get completely lost with the modern technology. Reading the item on leap left us trying to understand it all. We actually wondered why people bet on virtual gaming as to our initial thinking it would be fixed so a very high % is against the player (like slot machines). As time has progressed we are coming round to think that it may not be fixed. How it works and to what % the game works to we do not know but more and more seem to enjoy it. After years of involvement with illegal street bookmaking, betting shop management and working on the racecourses, as well as years of coaching football, we feel the world of gambling has left us behind. However we were not so daft as not to realise that it is the future, so that is why we invested in something we did not understand. Plus the medical investments along with the Block building and the other things FFWD have put money in to. The BOD were certainly very forward thinking and adventurous , while not very good on communicating, which may have affected the SP, they must be congratulated on their selection of the up coming companies. All we hope is that we may enjoy the fruits of our investment in FFWD. Not so much from the financial side (which we would welcome, as we need to buy another property) but knowing we were willing to invest in something new / modern that we new little about. We do wonder why there were so many sales, but it will be those who bought in without knowing what they had bought in to and sold when things moved south. Patience is the game and you must continue to buy when the price is very low to the latest NAV when it would appear to be out of date and probably much higher. Investing is stocks is like betting, you do it when the % is in your favour. I used to lay all odds on at the courses especially when they should not have been odds on. Loved 5 and 6F, 2YR olds especially when racing at Chester when the favorite was drawn on the outside.
We would like to see the FFWD SP approaching 20p and once some of the investment companies have IPOs we may indeed see that. Ah well back to the sick bed which is the settee in our case. Not been to a casino for many years, loved roulete which had a small % for the house, do not trust them on the telly. Any way you need the atmosphere.
Be nice to each other and be patient and keep adding when the SP is nearly half the NAV