research reports and media, page-152

Everyone needs to understand that PAR is not 100% assured and while it looks good there is still a chance that it may not pass phase 3. We need to be careful not to bet the farm or more than we are willing to lose.

It’s certainly risk versus reward but greed and over confidence often plays a big part in these types of investments and nothing is a done deal in the sharemarket until it is. I get the impression that many see this investment as a “guarantee” and while it has amazing prospects and I am excited about it as much as most we need to just keep some perspective. (of course everyone’s situations are unique and everyone has different investment profiles and timeframes etc)

Simply ask yourself, if this failed phase 3 and didn’t work out how would it effect me? Would it be a scratch, a scrape, a cut, a gash, a wound requiring stitches, an amputation or in fact a mortal wound when it comes to your finances. (Instead of asking ourselves this we tend to calculate how much we will make when it hits a certain SP target. It’s just a natural bias most tend to have)

DYOR