Tumbleweed - Why is this even listed?30 Jul 2025 20:38
The rerate didnt come because it was based on fantasy. What is more alarming is the accounts and trading update hasn't yet been released.
If they come out on Friday it is bad news. Penny stock companies always release bad stuff on a friday because they hope that investors are too busy getting drunk down at Wetherspoons to notice. Of course it will be dressed up, just as it is every year to fool the village idiots that still hold. (hi green stripe).
The only thing we know currently is that revenue fell by 15%. What is of interest is a trading update on the last quarter. Read my previous posts that highlight the establishment and cycles for sales teams. (Or ignore the prophet in your midst).
With so little being traded in the last couple of weeks, following a very energy ramp, you have to wonder why CNSL is still listed. It has no benefit in being listed and has costs that could go to the bottom line if they delist. (as many others have done).
We will see in the morning if we get a RNS. If not then bring out the sackcloth - no matter how the village idiots spin it a friday release is never good.
Chin chin.