RE: Top up time26 Nov 2021 17:20
@Goldenegg as SeagullsFan has already mentioned forget what you paid before ADV, you invested in a different company, board, assets and strategy. I have invested in all raises done by ADV starting from the first done when the new board took over and topped up thereafter and average around 2.5p ie up around +60%. When I invested early days and continued buying pre Buffalo no one else was buying but spoke with the board and was mega impressed. I have top sliced a few on the way up but hold a very large position and will keep most into results. This a risky strategy to some extent as nothing is guaranteed but deem this board and asset to be the best in this space and expect us to re-rate significantly on a commercial find as the economics are compelling. I might be wrong but hope that even a bad result will be still economical, if not we will retrace massively, and hence justify the current market cap, whereby a positive one will transforms us although we don't know by what factor. In essence, bearing in mind that nothing is guaranteed, look at this as a new possible investment in a small cap oil play with 'likely' limited downside but far greater upside on Buffalo alone and even more on other assets which will follow and could re-rate us x5-x10 over time.