Early stage company which continues to burn off cash. Hence, the stock is risky and only be worth a punt with positive momentum. I thought the Oracle partnership deal would have turned a few head as a gateway to more business, but I was wrong. More business means more cash burn and a requirement to raise funds.
Over to you
Let's be honest. Six months ago this business had a market cap of around £300m, with revenue of around £7m. In short massively over hyped! I suspect that the analysts are now sitting back and effectively saying to Wand "it's now up to you to prove there is some substance to the business".
Not our finest hour
Let's face it. Sentiment has been poor here since June after some moving up from where we bottomed out at early 400's. Seems we're almost headed back down there now and drifting without any real positive steer. Do we know when some results will be forthcoming? What do we have to look forward to here? Questor and a few other analysts were all talking the share up, now sentiment seems to have gone without a trace. I can't see any shift in the fundamentals, it just seems focus is elsewhere in the market, at least that's what I hope. Any thoughts from holders here?
I hear they're recruiting some more "big hitters" from Sage. I can't believe these people are joining without some certainty that it's going to be another success story.
Stop Loss kicks in
Yikes - My stop loss kicked in and had to bail out. Pity! Must be fund raising ahead and share is being shortened. Still load of potential but may to earlier to invest during its growth period - cash flow and all that.
Let's hope the current share price fail is an AIM tactic before the release of positive news in the coming weeks, unless I've missed anything else it could be???
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