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AM01 - Good question that, I don’t have a definitive price point. I have a view where it may go, (I did say sub 1p), but that isn’t important.
For me what is important is will CBX still be here in the medium term. That’s my worry. If I think they will be, I don’t mind buying in at 10x this price if I feel the investment is safe.
If CBX turn it around, I’ll miss the bounce, but hoping to jump on the gravy train.
If it sinks, I’d hope I’m not holding anything.
Think this could fall as low as 0.3 / 0.4 in the near term.
Might start accumulating from 0.6
LGO
Rummage through the posts and find the last sweepstake table, modify it & repost here, any posts are good posts with this one
Let’s keep it alive as long as possible
If that is hit
I have told on this board many times I still have a buy on this stock at 12.5p
I that is hit this stock has survived
It’s not DBV fault. To my knowledge, I don’t think they have ever commented on CBX.
The Blame should be pointed towards the powers that brought the original IPO in Durban and then the mismanagement. DB name was effectively used to drive IPO interest. The same as Snoop Dogg at Oxford cannabis. Free, easy cash that wasn’t theirs. If they strike gold they win. If not, they started to divest their holdings and got paid via consultant costs.
What. A. Gig!
Fair play to them. Should be looked at for Fraud, but fair play.
* more cash *
Is there any point of a placing other than to survive, and who would put money cash into it ?
In a bull market they took £ 13m from investors & produced nothing, we are now in a bear market & recession, this is not going to get any easier
Looking closer everyday that this will sub 1p then the alarm bells really will be ringing...
The mention of a placing in that state will just about kill the SP via dilution and I simply can't see it coming back...
RIP Golden Balls - Hats off to you though for an amazing pump and dump IPO PR Stunt ..