Well, I consider myself as ballsy as an investor gets. I go very, very hard and take big risks.
But topping up right now, IMO, is foolhardy when there is NO clarification on what impact this new BBI deal has on our company.
If it means we no longer have deal prospects, SP goes to 7c - and how smart do you look paying 50% more than that today - regardless of future prospects with POC1?
The particularly foolish thing is - if the new deal doesn't impact on us and everything is fine, you won't have to pay much more than current prices anyway - no downside in waiting just a bit.
A week ago, 10.5c was fantastic value imo. Not right now.
BBI announce acquisition for Lateral Flow and POC, page-87
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