Blue Weds23 Sep 2020 20:07
Better news today chaps. Up 1.5p/share. Still not were I personally need it to be. By the way, that's around the 28p mark. It will be lower for some but perhaps higher for others. For those, like me that have bought into SAE since March it's likely you wouldn't have paid more than 30p. The highest I paid was 27p but on a lower volume. Reading these posts I believe we ALL have something in common. We have ALL done our research and deduced the same thing. SAE is a brilliant business to invest in. No amount of market volatility or MM manipulation can change that. The current SP in my opinion only values the core Tidal (Meygen) business and even that not particularly well as this asset has sooo much more to deliver. Then there's the Raz Blanchard project potentially, but I feel destined to contribute the profit coffers. A potential re-classification of tidal energy by the UK government that could produce new revenue & profit streams but arguably perhaps the most exciting of the lot, Uskmouth. What a global game changer this could be. The point is, as investors and particularly those of us that are in it hopefully for the long term, are investing in that word, potential. Sometimes and I very much include myself, forget about the potential and long term investing strategy when we review the impact of falling SP's. on our portfolios. It could go wrong of course but as I've posted on many occasions, I cannot see why NRW would not grant us the requested variation to the existing EP permit. They, themselves have said they would need a bone fide legal reason not to. I fully expect a positive outcome as I think most on this forum would. That's all in the research and hence, taking an educated or informed gamble. If all works out and I have full confidence in the leadership team to deliver, that sub 30p will pail into insignificance. Now, let's keep the faith & at the same time, pi** on the MM's as I too despise em!
Sign In
Follow the stocks
