RE: Price, Volume & Candle sizes increasing30 Aug 2025 10:58
Some of the posts here are absolutely deluded. Yes there are a few bits of news to come but is it really anything material? The market already knows AFC are in bed with a S&P 500 company, its priced in. So what if the name gets dropped? It'll cause a little excitement in the naive and over eager and then the SP will fall right back. It'll be a nice trade though as will any other little bits of news but business is all about scaling up revenues then making money and AFC are a good way from scaling up sales just to justify the existing market cap and profits....
Well, they may never be seen.
Don't get me wrong, I like the new management and there focus in shareholder value and cutting costs etc but there is a long and expensive road ahead. 2027 is when things start to get interesting here. CEO has all but said as much himself.
Its all there reflected in the share price with volume dropped off and price unable to close above the 200dma despite multiple attempts. We're looking at best at side ways movement in the share price for a year or so and at worse probably a drop to 5p area again. Company have cash now but its all accounted for. They need to raise again and a savvy CEO which John is will not wait another year to do it, he'll do it on the back of any share price rally caused by the over eager and naive investor excitement.
This company have took the p is eroding shareholder value so badly and misleading us this past few years. They need to actually deliver meaningful sales and then maybe, just maybe the market will decide they deserve to be in an uptrend.
All the posts about this being the bottom and blue skies ahead is nothing but wishful thinking from the desperate
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