RE: tradingforgood/smalleyus23 Apr 2023 12:31
ibarlow. I am not faulting your reasoning at all. But as a long term investor here may ask you to consider the market cap of this stock at the present low price: £10M appro against the contents and life of the mine. i agree with your view that a takeover bid is the likeliest outcome and if that occurs, then whether you buy your first tranche at 5p or 4p is somewhat academic. If you agree withmy logic, then why not split your notional investment into two or three and don't stay out at this pretty cheap leve? I have done this and at this SP, I have gone underwater, but there is nothing wrong with the long term strategy.