RE: Hindsight and speculation.20 Dec 2020 00:37
An interesting read, as always, Nick..and I, for one , appreciate your import.
My frustration is more short-term tbh, and more to do with personal discipline regarding investing
As regards PIRI long term , I also don't think it's unreasonable to expect above 20p.
I don't like talking share price, when Market Capital is more relevant ; I think it's fair to envisage a £20M+ market cap at some point IF 2 or3 of Pires' investments take off.
For instance, YOPfi is highly speculative but in a space where are its value could grow quickly into tens of millions - with PIRI owning 15%
Several others in the SV portfolio have the same potential - albeit with PIRI at circa 2%>>
As with Low6 - a successful IPO and and launch in the USA as planned, could see a burgeoning MC.
With PIRi presently at around 5 million, is easy to see this lifting substantially with two or three successes.
What's hard to gauge is the chance of success individually of these enterprises.