No mention of cash or revenue. Market cap at this price is £29m on revenue around £300k if you're lucky. Director sells at 20p, this is heading down to zero. Can't trust this management team. BOL for those who stay.
Hope I'm wrong but more likely 5p rather than 20p on current performance. No revenue in 3rd Qtr & 4th Qtr promising the earth but no RNS to back it. Two of the Directors selling at 20p was in hindsight a good indicator. Time to short maybe to offset losses. GLA
Always interesting to get differing perspective on shares. MW track record is pretty impressive, worth checking out what happened to Burford before commenting too soon. Burford SP was £20 before MW attacked and it fell to £3ish before recovering to around £7 at today's price. You can forget £20 for Burford. TW of ************* highlighted the article today and he is also a critique of NMC. I'm not a holder of this share but would caution potential buyers to be aware because there is never smoke without fire IMHO and once MW are shorters it takes a while for the SP to recover. BOL for holders of this & hope this is not taken wrongly just trying to give a view.
He's on holiday till January 6th so won't get anything from IC till then at the earliest. This seems oversold IMHO so expecting a climb back up to previous levels over the next few months. GLA
Hi, this has moved up nicely on the back of a Boris win. My expectation is that this rally should continue well into the New Year, with positivity continuing. I'm happy to continue adding and then take a view come May 2020. BOL.