INDEPENDENT INVESTOR INVESTMENT WARNING

The information available through Independent Investor LLP is for your general information and use and is not intended to address your particular requirements. We do not, nor are we authorised to, offer advice on specific investments.

The information does not constitute any form of advice or recommendation by Independent Investor LLP and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.  Appropriate independent advice should be obtained before making any such decision. Any arrangement made between you and any third party named in the site is at your sole risk and responsibility.

For your information we would like to draw your attention to the following generalinvestment warnings. The price of investments and the income derived from them can go down as well as up. Investors may not get back the amount they invested. The spread between the bid and offer prices of securities can be significant in volatile market conditions, especially for smaller companies. Past performance is not necessarily a guide to future performance.

Independent Investor LLP and its connected companies and/or officers and employees of those companies, may have a position in, or engage in transactions in, any of the securities mentioned. Any such transactions are monitored and are subject to Independent Investor LLP's compliance code in order to avoid actual or potential conflicts of interest. We subscribe to the Press Complaints Commission's recommended code of practice for financial journalists in this respect.