thanks Goatpointer - there is always sovereign risk in investments and this is why the price is where it is. If there was no sovereign risk, the price would be much higher.
I just want potential investors to realise this as well. Work out what you think is the probability of a sovereign risk event and then discount this from the price. I think you will find the actual probability, whilst undeniably present, to be very low. Talk of tanks at this stage is quite alarmist !
Those willing to invest in small caps usually are happy to take some calculated risks in return for the larger payoff. If we all camped in our bunkers or were too afraid to cross the street in case we were hit by a car, then we would never progress.
STB Price at posting:
$3.97 Sentiment: Buy Disclosure: Held
