RE: Cracking buy op1 May 2026 23:23
There is a certain amount of truth in the 'no asset' point of view. There's some IP which underpins a lot of promise, but that promise without something concrete to back it up will make the share price naturally drift back downwards. A lot of the sales are going to have been from people who bought in at <1.5p per share (and in some instances including many on this forum, <0.1p per share) in which case a high 2 or 3p share price represents a very respectable ROI.
You either believe that something is going to happen here or you don't. It'll happen or it won't when it happens, the company can't drive that itself and has little control over when that information, good or bad, will land.
Personally I could have sold my holding giving me a 100% ROI and then bought back in weeks later doubling the size of my holding with decent cash left to spend in the pub. And I could have done that several times over, which I guess is frustrating if you've got your life savings tied up in it (which I fortunately don't). I'm in it for doubling my investment and adding a '0' which I think is comfortably achievable if only the original premise that caused me to invest comes to fruition. Since then there's more potential pies that UPL could have their fingers in, and if this is still low 2s at the end of june I'll probably add a few hundred thousand more shares to my holding, with a view to thinking I'd like to being playing that money elsewhere in at most 24 months time.
The share price is doing what it should do for a company in this position, complaining about it is a failure to understand what's going on and whats at stake, a failure of your own research.
Everything is a gamble in this game, but the gamble doesn't end because you need to see an imminent ROI on your investment.