RE: Knowlesi3 Oct 2020 09:50
C7,
You make a valid point and one sometimes overlooked - there is no share that doesn’t carry risk.
Risk isn’t an absolute, it cannot be quantified although it should be acknowledged. We can look at it relative to other investments, relative to our total wealth and relative to what it was. Superimposed on this, is our personal attitude to risk.
I made the point earlier that Scancell must be LESS risky today than eight years ago (lower buy in, enhanced IP and more cash in the bank to progress the pipeline).
So I wouldn’t get too upset that opinion is polarised. Everyone’s financial situation, tolerance to risk, expectations are different. There is no right and wrong, each is valid in its own right. You and I have a modest target - 50p. This doesn’t mean we don’t think it could go higher. It doesn’t mean we will sell when it gets there - we will need to reassess the situation at the time.
All the best for next week. I think when you come out we will have settled in the 20s.