Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Fact of the matter is the current share price doesn't reflect the companies true value at this exact moment. People can go on and on making share price statements based on what the future "could" hold but right now its worth not much more than it was back in March. This is the problem with jumping aboard before the wheels really get moving. I treated this with extreme caution getting in and out on a few occasions between the low 40's and 60p.
The company has simply taken advantage of the rather large rise to get themselves more cash in the bank. The true value will be apparent once real orders come in and get paid for. Until that time I don't think it's worth buying in at these current levels.
Pandy2 thank you for that. Comedy Gold really made me laugh! I had to go and get a tissue. I mean this in a nice way because I can relate to it from 20 odd years ago in the dot com boom bust but also now in what will be known as the Covid boom bust.
All the small Covid Companies are it raising many millions on rights issues/share dilutions because they know the writings on the wall so want to get some money in the bank. I did think ODX was the best of a bad bunch but are rapidly losing faith. The typo in the RNS this morning is a joke.
IMHO
Or you're just buying the wrong shares. There's clearly lots of new investors here who don't know fact from fantasy and get swept along, which in all honesty is only your fault. The company are doing what they set out to do, and have never lied or embellished anything they've put out. Don't buy at a premium, on no news, believing what some strangers are telling you on a forum and you'll save yourself a lot of heartache. But don't go blaming other people for your bad decisions. This company are solid and the product is in the bag, it's a very big story unfolding, no doubt about it. But anyone on here telling you it should be £2 by Wednesday or anything else... well, be it on your head if you make that a part of your reason for investing at a high price.
Can only agree beginning to think that this forum itself is one big scam.
Judging by your post it would appear the Roulette is where you should be.
If you take the time to research, you will know what the future holds and the timelines.
Unfortunately, this seems to be following the same pattern as most other AIM shares. I stupidly made the mistake of buying these and like normal, the share price has plummeted and like normal, there is constant ramping of the share with the occasional person posting on this board with opposing views and being shot down! I will not be buying anymore AIM shares and will see this one out just in case but after seeing most of my investments going bust and the rest sitting between 1-10% of the original value (Bar one share), I encourage people not to purchase any shares if they can’t afford to loose even the smallest amount because the likelihood is that you’ll loose most if not all of your money. You’re better of playing roulette.