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Unfortunately..people don't like my negativity or the truth.
Count, Helx, Jilson, Chancer......Im proud of you guys, we are now having a proper discussion. So much more civil, lets keep it going
Well said Chancer
JD should not have ramped the 20X SP as you say a lot of people got trashed and should have been steady about the challenges and of course the prospects- on the other hand JW was selling out top prices and giving mmm. Guess what has changed over the last few thousands of years
Bests to all -waiting some clarity if I have anything to invest...
I think you are right that at some stage there is a tipping point where the product/ service becomes widely accepted in the industry and big money could be available. However, Bids are in a very delicate situation right now as there is both good news (plan A + any other contracts) and bad news (YE and cash position) to come.
The short-term difficulty they face is do they release good news first and let the SP rise then fall? Or bad news first then let the SP fall then rise? They cannot win as either way round they will face accusations and criticism.
I also think JD probably believes what he is saying when he is saying it but that is not good enough. He needs to consider how realistic what he is saying is and what the consequence’s of not delivering on his words could be much more carefully.
They need expert consultation on how to manage communicating this situation and future messages as I do not think the chairman or CEO have the shareholder empathy required to guide the company through this tricky time without facing further backlash. They urgently need to rebuild investor confidence.
Longer term they have a good concept and this has great investment potential.
IMHO
Countdracula55 regards JD, he has broken many peoples spirits, Its going to take something to win back the people like myself, The old saying, once bitten twice shy comes to mind, Sold down the river not only me, You and everyone else.
Trust means a lot when it comes to money and investing and you need trust in the CEO who is running the show. You know my feelings on the next 3 months, BUT i do think this company could be something special, Looking back at 36p, I think most of us were in dream land listening to the 20 X whatever from JD, We should have known better
Sounds great to me.
Lets make a clean start.
What are your real thoughts and time lines for the next 6 months here?
Stop stating your opinion as fact Helx, it's old and if I roll my eyes anymore I'll go blind.
Draper won't deliver.
I thought I was filtered Count? Another lie?
Don't go getting yourself another suspension by over focusing on me again or you will have to rely on your "other half" to post!
His latest podcast was his chance to state "I am sorry for over promising in the past. These were the reasons ...XYZ... I will not do it again" and it may have been accepted by some. However as soon as he said "early Jan" he had to deliver in early Jan.
It is 17th today, that is not early Jan. He is running out of time to retain any credibility.
I believe he realises he is drinking in the last chance saloon.
He stated in the podcast he would be out the gate at the start of the year updating the market and we have now another dark period of no communication with the market or shareholders. All this does is raise further conjecture on direction and state of the company.
I would presume he is preparing for a blitz to burn the short side with multiple RNS's supply and demand side - but with his failing credibility I would be one of the few.
He is aware of the need for communication and he is not giving it. I would hope there is a positive reason behind this.
Not wrong there at all Jilson.
This market up date better be damn good!!
JD has lost the confidence of many and is certainly testing the patience of others.
He doesn't have many chances left before he becomes viewed just like many another AIM CEO's who lived their fantasy at the expense of others.
Seems we have our support base around 9.5p, hopefully wont see us go below that. JD does need to provide some sort of update before end of January just to set where we are going