RE: Volume 2.771m12 Nov 2020 17:36
Still holding strong and surviving the SP fall but with a small dose of depression ! I remember HUR (hurricane oil) when it was is a difficult situation, a large private equity fund manager Kerogan Capital came along and pumped in money and a bit of dilution. The forum was full of discussion at the time along very similar lines to what we have had post Vulps and Redmile funding /dilution. A seasoned poster at the time posted .."whatever the reason they invested it really doesn't matter, just follow the money, these big players know far more than us"
HUR made a healthy recovery and although the end story turned sour for HUR, I believe kerogan capital made a healthy return prior to their exit. Indeed, if one had "followed the money" the journey would have been rewarding. I guess this is what I find reassuring with SCLP despite the recent SP fall. To this end.. tomorrow I will top up for two reasons: one, because the oo has left me with an odd number of shares and secondly....to follow the money. GLA .