11 Comments
User's avatar
Steve's avatar

Hey Dominic, you have changed your target from $200/share to today's article which reads, "But if it achieves its lofty goals, it might be able to reclaim the $100 mark." Thots?

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Dominic Frisby's avatar

I think we would be very lucky should it reach either of those valuations. It could reach those kind of numbers by 2030 with flawless execution of goals etc, but we are a long, long, long way from that.

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anon's avatar

not really an answer if slapping on 50% cut.

help a steve out since seems he bothered to read an earlier post.

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Dominic Frisby's avatar

Steve I urge you to re-read what I originally wrote and what I write above. I have not put a target of $100 or $200 on the stock, as such. I have said, it could reach these valuations under certain circumstances. There is a difference.

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Daniel Miller's avatar

I have a financial advisor that manages all the investments. But cash on hand is a chance to make more than the 5% the manager produces. I've never invested on my own so would be a new experience.

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Mark Francis's avatar

Hargreaves Lansdown, Trading 212 etc,

Maybe buy it in a stocks and shares ISA.... so you don't get stung for CGT. If you haven't bought individual stocks before - I'd be careful putting more than 1-2% of your portfolio on such a micro cap company.

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Dominic Frisby's avatar

Daniel, it bears repeating: this is a high-risk, speculative, illiquid small cap. It has fallen by 98% before. It can do so again. If of interest, only risk a tiny percentage of your portfolio. If you are an inexperienced investor, dramatically reduce your position size.

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Dominic Frisby's avatar

Mark and Jimbo are both correct. This is speculative funds only.

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Daniel Miller's avatar

I want to invest 10K, who should I call?

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Jimbo's avatar

What percentage of your overall investment pot does that £10k represent? I don't expect you to answer on a public forum, but if it's 5% or greater, then can I suggest you be very careful with such an illiquid small cap that could burn you badly if it moves against you, and maybe consider investing a smaller amount?

You need a brokerage account to invest in this. A provider such as Interactive Investor will enable you to invest in this company. However, if you're asking questions like this, it suggests you don't have any experience at this game - probably one of the toughest around, and should definitely not put in anywhere near £10,000, as you could get hurt really badly.

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Dominic Frisby's avatar

Wise words

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