RE: Going forward30 May 2021 22:55
Travel_Man good luck with your future investments glad to hear your walking away with around a 300% profit for an 8 month investment, not too many main market listed shares would have gotten you that return. Always good to see someone take profits and I would never criticise anyone for doing so after all the whole point of investing in the markets is to make money.
Personally I see a whole bigger picture here and that's why I invested what is for me a significant amount of money at an average of around 2p now (bought a lot around 1p and kept adding). The fact is, and this is in the public domain, the RCF counterparty will be investing up to $100 million dollars into the company, likely into an SMA once that's announced it attracts other large investments and so on and sk forth snowballing along the way, but I'm sure you understand this having invested 8 months ago when the company had essentially a few million in AUM and the BOAGF. Since then theres been a lot going on. Plenty more.money coming in from HNWI and the small matter of the purchase of Northstar which came out of left field and is a true game changer for the company. Mark Ward took £1 million worth of shares in the placing for the northstar purchase to add to what was already a large holding. Hhats not pocket money, that's more than a lot of people will earn in a lifetime. These wealthy people don't invest thinking theyll lose. In fact Mark Ward has the option to exercise another £1.5 million in warrants should he feel the need. TR1 holders (past and present) are confident in the future of the company, Giles has stated he owns 12 million shares and hasnt sold any, Mr Alder has added further to his position, Roy Rawlins didnt declare a diluted position after the placing meaning he still holds between 3% and 4%. These guys have a lot more knowledge than the likes of you and me, they have Gobind on speed dial and I guess he will answer when they call. Theres a whole lot more going on here and quite frankly anyone considering selling because of a technical glitch or a set of interim accounts for the period before the MAJOR ACQUISITION really needs to look closer at their investment strategy