lol - it's RRR fella - give over. I don't want to buy 0.42p placing shares at 0.60p lols ! You don't make money by paying a premium to placees who got their shares at discounted rates nor by following the "10p by Friday" brigade..
Ant, it is the only board with any degree of realism. The 3 year chart here does not lie. The share price has been absolutely decimated, imo, because of repeated share issues and an inability for the company to deliver any tangible value. The share price has twice approached the nominal share value and twice the company performed a share capital reorganisation, first lowering the nominal share value from 0.1p to 0.01p and then performing a 25-1 share consolidation, both in the space of about 12 months !! The company is STILL issuing shares like confetti.
There were over 6 BILLION shares in issue last Dec but the consolidation turned that into approx. 240m. We are only 4 months in to 2016 and yet already we now have 392m shares in issue !! That's an increase of over 60% in that short time period and that increase is just a fraction of the total amount that the company has authority to issue this year (up to 400m).
For 3 years, unscrupulous posters have pumped this share, before and during placings, leaving un-savvy ordinary PIs impaled on spikes. The city boys deem it all to be just a game and the Twitterati chortle every time they make a mugging citing their #knowthegame comments. Trouble is real people, with real savings are being fleeced by such people. The massive spread the MMs nearly always have here tells you the situation. They up the Ask but the Bid doesn't often rise with it which has the effect of making the SP look higher.
There are some truly bitter X investors on this board. When will people learn that these boards especially lse have no influence over the market what so ever and anyone believing your twoddle deserves to lose. The markets decide what happens. Not invested here YET but can see both sides. Enjoying reading all the nonsense
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