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I wouldn’t think anyone would walk here being paid £100,000 a year for SFA!
No contract updates from previous rns so in a nutshell doesn’t bold well unless you are running the show.
As for financials well it’s a car crash here, clutching at straws at genuine private investors expense.
biglad, I agree with your reasoning here and the fact of the matter, this company is a sham. Guy needs to walk!
isn't the Covid Passport App being released tomorrow ? so maybe an RNS tomorrow or Thursday if we have any involvement
GLA
Presumably there is a time beyond which hope will be pretty much lost. I’m thinking we’re looking at weeks rather than months. The whole passport/certificate thing has gone a bit quiet on the news front which is not helping. Is no news good news? Not trying to deramp here. I’m just a simple PI who wants this share to do well.
Hi biglad, thanks for your observation.
Two points:
1. Not true. This has pumped with no news release previously.
2. Technical Analysis aims to identify when price will move in a direction, it doesn't look for a rationale for that.
I cannot argue that ongoing silence doesnt bode well. Neither of us can say when news will land, my analysis simply looks at a stock impartially and looks for momentum shifts with buying and selling.
GL mate
Casual you're going to need news for this to move up. No news will see it drip down slowly but surely as it is now.
This company like many (but not all) will go silent if there is bad news (ie no contracts) which is the state we are in now.
To move away from the petulance, here's my take.
A very modest bounce to 2.3/2.4, a retest of lows and then a rise above 3.
Momentum indicators are showing positive signs of this downtrend slowing and reversing.
Last time this happened, we flew up beyond 4p in a day or two.
https://twitter.com/casual_journal/status/1394564446916390912?s=19