RE: Broadford Bridge and Now Today's News23 Dec 2019 16:34
Sachs, I can't advise anyone how they play this.
I don't know what's going to happen.
But I think I deal with UKOG with an above average (for this forum, at least) degree of realism.
I'm going to bear with it for a while yet and have no immediate plans to alter my strategy.
The RNS has not changed my long view, although it may provide me with more options to trade.
I should qualify this because I'm already covered if things do go badly wrong.
Right now I have around £55k invested (more than I meant to have, by mistake); 50/50 for trading and long term hodling.
But I have already moved 50% of my profits into my 'safe' portfolio.
If it goes down I will walk away in profit even if what I still have invested goes down with it.
But I would rather not lose it.
It's still money.
I think there is still money to be made here for a while yet, with both short and long approaches.
It's all only about profit and I wish you luck, however you decide to run with it.
:)