RE: Question27 Jul 2021 17:13
I made a lot from this share and invested in £10k chunks.
Wouldn't do that now.
Too much risk for the potential reward.
If it's only a small reward, I'm happy with lots of 10%s on a £1000.
If it's a big reward, I'm happy with one 1000% on £1000.
Rest of my portfolio is invested for slow but steady growth and provides me with a virtually safe income for life and exceeds my costs.
I'm not putting that at risk based on Pink Knickers' performance over the last three years.
UKOG was an investing experiment (for me).
I was lucky then, but now it's just for a bit of fun.
If your number comes up on £20k, your other investments may not matter.
If it doesn't, you've lost £20k.
Even if it goes up a lot of investors here say they'll hold.
There's no dividend so they'll only make profit from what they sell.
Will they sell in time, or keep holding too long and watch it fall again, like so many others did four years ago.
I'm not giving that S.O.B. £20k of my money to pay for his xmas turkey.