Steveo, you're down on an accumulation of trades over the last few days. Look at the trades and count how many were sold at 0.4 over the last three days, nine to be precise. It wasn't gonna take much to knock WINS off the BID at 0.4 and the ASK dropped accordingly hence -8.24% drop.
JG would be shot down in flames if he ever went on Dragon's Den. Imagine asking them for £300k for 10% in a company that has no product, no customers, no sales, no revenue and high cash burn? How this is still valued at over £3m God only knows.
Excellent point 458. I can see you didn't get that Ferrari of yours by accident ! John Gunn already owns 50% plus of the company and we know that if it ever gets to a commercial roll-out, a placing will be needed to fund production. More dilution down of holders. I bought in when its Mcap was 13 million hoping to make a quick turn on it. All promises and false deadlines leading to dilution and more promises and false deadlines. The company would be laughed out of Dragon's Den. Beyond terrible!
I think this is heading to .3p Steve. The main purchasers recently has been the directors while the rest of the trades have been a pile of small investors heading for the exit. The director purchases mean no news for a few months. This company should never have been listed. A total disgrace and contrary to what you state, there is no way of knowing when this will stop falling. Lesson learned here, I would never invest in a Neal Gunn company or any AIM company like this with no revenue and no product. Beyond terrible!
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