RE: THE REAL TRUTH16 May 2024 21:39
For all your 'truthing' this is a misleading post. The turnaround hasn't been in progress for 10 years, as you imply. The historic chart is very similar to many other shares in various sectors. In fact, the IPO was nothing like as ramped as many others. For instance, look at IQE's history. The detractor's cry of 'could have sold at' was close to £8 back in the day.
As with all new technology, expectation often outstrips reality. It's easy to retrospectively paint a business as a sham, or anyone who backs it as idiots. The path to a technologically advanced, capitalist society is paved with companies with great ideas that failed to find the right opportunity/timing in the market. But, a nice over-simplification to achieve your shorting goals (because if you don't believe in the future of a company, you can just leave - no need to keep shining the lighthouse to warn others).
AIM companies going to the wall is hardly a rarity - and the post pandemic economic fundamentals mean that an above average volume have. Then there's the geopolitical shift of UK plc being in-bed/out of bed with China. Not exactly helpful when 65% of the world's graphite is mined there. Plenty of contributing factors to consider. Don't worry, because the 'sheriff' is on the case though, eh?!