RE: more of the same11 Sep 2018 09:18
Yup,
Wont be long before we are back below 0.3.
Although JG has stated before that the company is concerned with the SP, they really don't appear to be doing anything about it. Of course it has also been stated by JG that the share price will look after itself. That is true, but it looks after itself in 2 ways, no information so it drops and some information which help to keep it buoyant and continued investor interest.
The market really needs updates and the market really needs some promotional awareness. Every little helps which so far has not really been forthcoming. Unfortunately, because of the previous track record, It would appear to me that any announcements are now just ignored by the market. Whereas most markets would price to some extent on future projections and possibilities, there is no longer any trust and little interest left here. As such, no confidence exists and, as I mentioned before, this will only pick up as sales pick up (apart from the occasional pump n dump when the brokers return to look at this stock in a cyclic manner), which from initial figures would indicate is going to take sometime.
Although advertising the product is not allowed, advertising of the company based on its product surely is.
Still no reason as to why it has taken 4 years and still no other license agreements, not even a status on progress. Im afraid the continued "progressing" is not considered a real word in the RPG vocabulary....lol
I wonder what yarn they have been spinning to the investors who fronted the money on the last placing ? they got shares at a so called 20% discount (0.5 to 0.4), yet they are now nearly 60% down on the pre discounted price and 25% down on the discounted price. Thats after 2 years from purchasing the stock to support the company.