RE: Is it really the worst?1 Apr 2021 10:06
I agree, it wasn't bad but people have hyped themselves up in to expecting more and have reacted because their own expectations were not met. Origination has increased so more clients are coming on board (belief in the concept is therefore growing) and Storm Harbour have sensibly chosen to diversify the lending to remove risk and that can only help SYME in the longer term . Lots of people expected the first monetisation which is why the SP has reacted this way as they have panicked and sold out, many would have sold at 0.36p this morning but look at how quickly the SP recovered after the early morning panic. That early morning sell off tells me there were a lot of inexperienced PIs invested here who panicked and sold in the first hour of trading (during the most volatile period where trades are likely to be at "Best Price" and not "Quoted".