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Get-rich-quick. Good read.
I quite agree.
I could, but won't, reel off a plethora of AIM stocks that, and their NOMADS, promised endless hidden treasures.
Hard core posters of those companies also suggested the same.
As I've said; I'm not a fan of either the bull or bear.
I see the pitfalls in this stock - the most obvious one is the bank balance. We all know this.
I am terribly sorry when this share price was at the dizzy heights of £1. I can't comment on why it was so high, but as I'm sure you know, many AIM stocks (pre the 2008 crash) were unfairly valued on what the company said they were doing or going to do, rather than what they already had.
Many oilers had billions of barrels of oil within their acreage but, all they had was a bucket and a spade to dig it out. They had zero revenue but this crazy market valued some of those companies at $150m. Ludicrous.
Many folk were caught out when the recession / market crashed in 2008. I don't know whether Fjet was one of those, and if it was, I'm sorry, but all I can say from today's view point Is; this share is a punt, and if it comes about, the share price will be multiples from where it sits now.
And it won't be 'multiple' due to revenue stream or new flying routes or even the Zimbabwe sale, it will be multiple because the company will have longevity (live to fight another day) and the market will correct the over caution it has applied to Fjet.
IF that happens, I'll sell up, as I don't plan to be here for any longer.
I haven't got visions of Fjet becoming Easy-Fjet. It may or may not happen.
I'm solely here as I invest in companies that I believe (due to understanding the market and economy and business need) that are on their backside due to economical climate, and I believe they will last of they see it through.
Those companies that do come through those turbulent times, make a princely return on their oversold share price.
Good evening.
I don't want to contribute to the 'socialness' of it , I'm trying to warn people. I've seen all this before back in the halcyon days when Fastjet was around a pound. Someone started something called the Stalwarts Club. This was supposedly a social club of Fastjet share holders who would post their share purchaces saying things like 'put me down for a thousand'. They would receive a reply from the club president saying, 'thanks mate, noted' or 'good on ya mate'. All very social and matey. Now look at the share price.