RE: Pathetic23 Jul 2025 10:41
I once told someone invested in a oil company. That you don't need oil to have a share price. He argured for months you need oil. Well guess waht as soon as we got oil the sp dropped even further. He was a trader, hence to say I was LTH and made money.
Now PLEASE don't take this as advice but just an example and don't buy you must have b alls of steal. Look at XTR Peak 10p once CEO ramped the hell out of the company. You know the t watter and mug book posts, podcasts that traders like. After the big placing and sale of the only producing gold asset (yes producing) the sp has dropped from 10p to 00.007p and the company has 3m income from sale of gold asset over 4 years. So there is no need for the matket to get in involved. However in the meatime the assets and money are diminishing. So in another 3 years time the whole rampy thing will start againetc when cash is needed. (WARNING )
Now compare this to GST we have cash in hand also revenue and are constantly growthing.