Like I said Naz without news and a bounce off the ema�s this will drip away, rsi was high and that�s come down. Macd and signal line have closed narrowing the daylight between them, both are tipping downward. No volume to boot, you wouldn�t think they�re on the verge of their biggest drill to date. Bet your fingers saw from licking it!!
Problem is MrP the revenue continues to fall �50m plus to what it is now 50% per year at the last count. Staff have been reduced as well as marketing spend. Regardless of the potential you see India has taken 3.5 years to amass a total of 200k paying customers over a 60 day period. The growth is not quick enough hence the reason the company is hell bent on saving money as they know it won�t change anytime soon. The fact they raised �100k recently confirmed that, so as for this been 3x this value I don�t believe it should be.
So when you purchase shares who do you go through HSDL, II, Barclays. All nominee accounts ie you and I buy the shares but they hold them in crest. They are not their shares they are your shares so to class them as major shareholders is wrong on your part and theirs. This share must be in lockdown if you are correct as 65% are owned by major shareholders of which some due to their holding amounts would be classed as significant holders and the other 35% are owned by related parties ie directors. That actually leaves nothing, nada for the retail investor to purchase or sell. No market for this stock whatsoever, explain to me how that works??
What investors, they ain�t no investors on this board. No investor would be daft enough to put any money in at this present time with a placement due for May or lights out. A few might have a wild punt but I doubt they�ll call it an investment. Now provide your proof to the mud slinging or be quiet.
One, I never said it would go bust. Two, I never said I shorted her. Three, I called you a loser no one else. Four, I don�t profess to be an expert. Five, why should anyone invest here? give me a reason.