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So the question is what is a promise note for 5p which is never likely to paid worth? The market is at the moment saying it is worth nothing, so my tactic is to hold and treat as a free bet on a 3 legged donkey in the grand national. If the market started to value the share + Promise note at 11p or above (promise note started to be worth a penny or more I would think about selling as it would more than cover dealing costs and might pay for a meal out.)
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