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Please explain why the there tech was worth around 50mil Mcap in march 13p with all the news they have dished out now worth 3.4p, hired an oracle director ... And so much more
Mo I like the company but I'm never going to sugar coat any company on the markets they all come on the market to make and look for money just like we all do,
10k seller X 5 £50k a week that's £200k a month ... So from August that's 7-8months around 5months left of the seller ofloading at this rate... Neither has there been any RNs to see where they currently stand... Forgive me in advance if I'm wrong
We all know the seller hasn't been selling in £10k since last August! Seller has switched from dumping large round numbers (2,000,000) in one go only last week to much smaller £10k chunks (300k), getting weak imo.
Its ashame some feel the need to try and manipulate the SP to suit their own agenda.
It's called not sugar coating a company and saying how it is... Buy or sell at your mercy considering... How do you know those big sells wasn't traders ... Those weak sells are there very ones dragging the sp down now... As there's not many more investors about or already invested higher
Saying how what is? The company has done everything it said it would and more, as we speak the company is going into breakeven/profit, is that sugarcoating? You cannot change what people buy/sell or when they do it, that's no fault of DEV.
You say DEV are going down daily, incorrect! I welcome all BB chat but it's got to be at least the truth!
Every company goes through DEV's current phase from R&D to revenue generation!
Wouldn't you say so 15p to 3.4 that's it's going down...... Has it not done the same rince repeat since July?
If nobody buys in right now and that same pathetic 10k and small seller ofloads 2moro what we taking 3.1p? Of this continues well....... Dev need to return shareholder value pronto it's all good working hard behind scenes and all that ... 15p was once upon a time
The SP has dropped a heck of a long way and I would be very unhappy if I invested anywhere near the 15p mark. I would also be very worried about a further drop but it's very clear that although maybe not totally bottomed out the SP is stablizing, seller is getting weaker (how weak I don't know), and revenue is coming in. The true value will out before long imo.
IL await to see what the revenue will be to justify mcap, along with a holding RNS
Current Rev 0.85m current Mcap 13m 88mil free float hmmm
You keep referring to coloration between revenue and Mcap, this will never happen on a small Mcap share! Look at OCT, 60% of Mcap in banked cash, turning a profit, paying a 7% dividend and growing VS BIDS with virtually no revenue, burning cash and a 59 million Mcap. It's all about where the company is heading, potential, Sentiment etc etc. The only place you will get some sort of corolation is FTSE100, maybe.
I'm waiting to see what's next, their 10 week trial is over with the go-kart centre by the way, so news soon to see if it is being rolled out.