AIM game18 Aug 2024 11:34
Just a reminder to all new investors how this AIM investment works. Basically, you invest your money at x price . If that price continues to rise , it's great you are in profit, but if it declines, you are losing your money. Now, this is the crucial point to note . The money you have invested at x share price if it goes down , that money basically goes in the hands of other investors who have now got your money and who have sold up , and assuming, they had bought at a lower share price than you , well they have now taken your money and made a profit. This is AIM.
My case , I was a new investor in 2020 , i had never ever invested in my life before. I had started putting money in this share from £6 and all the way upto £10.50p . This was in 2020 & 2021 when the share price was high. At the end I had invested a total of £660K . Now at it's current price , my investment is now worth around £100K . Where has that £560K gone ? It's gone into the hands of other investors who sold out and who had bought below my average . So basically money gets transferred from a high investor to an investor who sells up and came in at a lower share price.
I am the biggest loser of value of investment on here I believe.
Don't make the same mistake as me.
I have been a doctor since 1994 , and have 30 years experience in NHS & private medical sector . I am not dumb , but I definately got sucked in this share by rampers and definately by Mr Graham Mullis , who mislead investors by withholding vital information with DHSC in November 2020 -December 2020 . Instead he made sure he got his LTIP.