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Time will tell. The SP is so low that even if water is confirmed it’ll probably go up!
If water isn’t an issue though then I’d like to meet some of these chaps just to discuss why they arrived at their conclusion you understand.
Agree entirely. The thing is, the perpetrators have become so obvious and their motifs clear, that I'm not sure who would even buy into or entertain them.
' The fact they try to convince themselves and then others that this company is dying with no lifeline left is pretty ridiculous...'
In my experience, it is normal to have posters rubbishing a company and mocking its LTHs, as though they be gullible morons.
We had a poster called TriggerSaysDave, trying to get us to sell JOG at the bottom, predicting it would go bust.
There are plenty of posters on SOU, predicting that it is going to go bust, and writing it off as worthless, even though its latest deal makes it financially secure and it is trading at a discount of 80 percent to its NAV.
They are still foaming about James Parsons, even though he's resigning, and the collapse in the share price, but they never mention the discount.
Even though PVR's CEO has today resigned, raising the possibility of a fresh start, posters there are saying the company is finished.
Of course, it may not recover.
The question is: how do they know?
It seems to be a regular blood sport on AIM and the strange thing is that so many of its practitioners don't actually hold any shares in the company concerned.
From EV and like to force this down is almost laughable but appreciated for me and my entry. The fact they try to convince themselves and then others that this company is dying with no lifeline left is pretty ridiculous. Give it a week, they will be back in and talking a whole load of different rubbish.