Eurodis....Cheap or Wot ?!?!?

Hi guys ... I've been away for a while and have just caught up with haystack and his mutterings. Although he demonstrates a very shallow analysis as you have said, he does illustrate a point - that there are two sides to every story. Most of us here are holders of eurodis. But we should all remind ourselves of the risks. I get quite a lot of information 'on the ground' about current trading and I'm fairly sure this is continuing to improve. But the fundraising is an overwhelming issue. Peter Webb in his end of November note to Eaglet shareholders said eurodis was 'disappointing' and he is monitoring the situation carefully - and this was before the latest fundraising of 8 December. Eurodis was the largest eaglet holding in October (9%); at end November it was 4%. I wish I knew waht he was thinking.

Eurodis is by far my largest holding and I freely admit I'm more nervous about this than I would like to be. I'm holding because I think that on balance things will work out in the end. But there are big risks. I'm still in full time work so I can probably afford to loose my investment (although it would surely hurt a lot!). I don't know if I would be a holder if I was retired and this was part of my nest egg.