RE: 12k31 Oct 2018 09:48
bell-rj.As an ex-financial advisor I can tell you that not all equities are classed as high risk.At this m/c I believe the risk for Algw is moderate given the fact that we are funded,have a small free float and a reasonably strong board including one of the leaders in the life settlements industry.This market would be classed as defensive stock in times of equity volatility.
As far as sentiment is concerned,we've hardly had the herd arrive,have we? I believe this has yet to occur,but we have had two large buyers in the market.You talk about the long term,yet GS states in a recent RNS he is looking at the near term.Who knows what his definition of near term is?
Of course,everything carries an element of risk,whether it be cash (due to inflation),gilts,property,equities etc but I believe there are certain factors with this stock that do not make it high risk.
For now I am happy to put faith in GS & DS and look forward to contract announcements in the near term.
I am sure we both want the same thing and maybe it's our appreciation of risk that differs.GL