RE: 515K shares bought @ 4.35pm(Bowlers12)29 Aug 2025 21:57
Rsoul and Boulders: not a quitter. JBatch an unanswered query.
I only said I wouldn't post any more because when I try to either ask questions which even with my 48 years of investing history I am unclear on how things work nowadays, or when I try to impart some knowledge I DO have about for instance the difference between exercising a warrant and selling the shares that they buy, I find very little actual knowledge to tap or benefit from, and little evidence anyone is picking up on mine. At my age life is too short to be shouting into the void.
If you click on my name you will find everything I have useful to say about this share. It is impossible to value on fundamentals; whatever their other, as yet unproven, talents, the directors are unaware of the danger of exposing themselves even to a friendly advertorial interview without the very basic media training on HOW NOT TO LOOK SHIFTY; and dear old nit picking LTI has elements of wisdom when he suggests this should be seen as some sort of unauthorised investment trust. But into what? Companies with boundless possibilities, as JS and others believe without evidence; or other possible scams as Dusty argues convincingly.
The one question borne of journalistic experience I would like an answer from JBatch, which I asked previously but which he ignored: why is his name so uncannily similar to the only human known to be associated with the Panama investor behind the first refinancing and £2m consultancy? "I think we should be told"!
To RSoul I only caution this: what is sensible for you may not be for others who are either older or younger or richer or poorer. IF you are young, well paid, able to make good bad investments from your income, then you should feel free to speculate away on gambles like this. But I'm very old, live off the dividends from my capital, so capital losses also reduce my income. But the general rule is never have more than 5% of your total liquid capital (excluding your house) in speculative shares like this. So if you have £1.3m in liquid assets and this is your only speculative gamble, fine, though it seems excessive to me. If not, your are gambling against conventional risk averages. My total investment in speculations like this is £30k IN TOTAL and, being old, represents less than 1% of my liquid assets, and I sleep very easily at night. I may raise my existing huge £2,500 exposure in Met1 to £5k at lower prices and hope my executors can still benefit from the nil CGT rate at death if this one really flies. But in the short term, an entirely speculative sleeper.
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