Question3 Jul 2014 08:38
If we keep our shares beyond the 16th do they get eaten up by Norton or does BGL keep trading? Can the share price keep increasing for us as PI's or is the 16th the time that they cease to be in existence? Easy option here at the moment is to sell up and reinvest elsewhere but maybe not if Norton will fund the BGL project and increase the share price possibly.
I wish I knew how this stuff worked? Maybe this is a valuable lesson in investing my money in people I've never met, the other side of the world, in a business that I have no concept of? Put like that it's so obvious what the answer is!! If I had invested my same losses that I am just about to sustain, in my own business, each £1,000 I spend on wedding fayres would return me on average £5,000 initial business plus the knock on referrals which never dry up.....we live and learn...well...we live anyway.....good luck all, hope the losses are bearable and those that made a profit, well done! No sour grapes from my side, I made my choices and I accept that I got this one wrong.....just a pity that it seems to be ending in a loss this time.