Q: Hi there,
When you last referenced VGO in late May the comment was it was high risk, good potential with a high valuation given limited earnings. With it selling off below $2/share is it something you would start to see as being worth a small position for someone willing to accept risk?
Secondly, is there significant risk of concept failure here (ie it goes to zero) or is the greater risk slow progression and the need for patience before things move ahead?
Thank you for your insights.
When you last referenced VGO in late May the comment was it was high risk, good potential with a high valuation given limited earnings. With it selling off below $2/share is it something you would start to see as being worth a small position for someone willing to accept risk?
Secondly, is there significant risk of concept failure here (ie it goes to zero) or is the greater risk slow progression and the need for patience before things move ahead?
Thank you for your insights.