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Touché, bet you're more disappointed with the slow decline back to current level though!
Enjoyed the recent rise, not quite enough to sell out and now we're back at 0.41 on the bid, no reason I can see we won't drift back to 0.30s, perhaps lower? Why does the market consider this share such a total dog? It certainly seems to move on occasion (on not very much I'll note), but rarely succeeds in holding onto rises. Feel sorry for Newbies who are down up to 40%, although as Soup or someone pointed out there seemed to be some trades (same volume bought then sold few days later), are these people stupid trying to make a quick buck on NFX? In my experience purchasing NFX after any recent rise is a one way ticket to losing money in the short term!
Can anyone remind me what we can expect over the next month or two from NFX? Anything tangible?
Oh behave yourself, I'm invested here I just tell the truth that the company is a dog. Just look at the SP performance, you're all sat on a loss and praying for anything in terms of a recovery. It's wishful thinking at best at this point. Agree on the recent rise, not based on anything unless some tiny purchasers know something we don't and fancy a slice, again seems wishful but people still want NFX at 0.50 ish it seems so I'll take it.
Ha I'm under attack for having a view that's not baseless ramping? Hopefully this tells everyone new to this board who the rampers are, this share is a dog and has been a catastrophic investment for anyone that invested more than 3 months ago. I have a holding, would love to see it go up but getting excited about a rise based on no information is pathetic, its just as likely to drop back down. This company has nothing but potential, and no1 in place to deliver on said potential, to say it will take a small miracle to see a meaningful rise is an understatement in my opinion.
Back to you guys to post mindless ramping again, with exception of Soup who seems to keep it factual and informative
What's your average Filter?
I'll take the comparison to Monty Python as a compliment, thank you very much! As for NFX, no tangible assets or material cash flow, the entire team jumped ship, there's not exactly much going on to warrant a rise, hence my expectation is that it will drop straight back down.
Will you be reposting any more of my previous posts? It's an odd thing to do but helps keep this otherwise dull / rampy board active.
Invested in both, have previously declared my holding in NFX, and also hold IDE. The latter has proven my point, and will continue to drop next week. This one has no basis for a rise, glad to see it, but it won't last. Lanstead will be selling away, as will others who have bought here no doubt. How many recommends did my IDE post get? I'm clearly not alone in my thoughts there.
Down to +17% on live price currently, expect a further drop in next 10 minutes, new lows next week. Hopefully not too many people spiked here today with this dog of a share.
Will be back down again before you know it
Newbies would do well to stay well away from this dog, all previous rises not sustained, don't get spiked
Down again at close it appears, new lows on the horizon? As ever, NFX remains the absolute best share for wealth destruction! Buy today, worth less tomorrow! You cannot lose! Unless you're looking to grow your wealth, in which case you'll definitely lose with NFX. Still holding, won't be topping up, this has a long way to fall in my opinion, £1m market cap so about 0.10
Will only go down there's no need to be surprised, this dog will only move a fraction on some kind of meaningful company structure to drive progress and then updates, until then it has scope IMO to hit say 0.10, then it really is at notional and an easy bagger if someone RTOs it or something (forget all IP at that stage, potentially even now, it's worthless)
Lol 0.28 on the bid, may as well sell the company to someone looking for a market listing at this, be worth more than current market cap. Can't see it falling much below 0.10 as that would be sub 1m market cap, and a listing is worth more than that (obviously the company and all of its IP is currently worthless), fingers crossed
The market views this entity as less than a cash shell (zero assets) entity currently, tells you what you need to know about the assets held. Any hint of half decent news will move this IMO but no clue when that would be or what it would say
Experts at losing money
The last thing you want from NFX is a communication, unless you're seeking more value destruction!
What's going to keep this Dan chap around? Surely he'll leave this place too fairly soon?
A true shame for LTHs, on the plus side at this market cap we're at cash shell kinda level so if anyone fancies an RTO that will be a quicker route to recovery than trying to realise IP value. 4x required to get back to subscription price, unfortunately its just not gonna happen
It does make me feel better, but I'll stop now. There's been some candid commentary from folks here and capitulation is real today. The average some folks are sitting on really does now require an almighty move / rerate of the SP, which it seems is ever further away in terms of the company giving news to achieve such an outcome. If this does come good anyone having a flutter at a £4m market cap could do very well indeed.
Soup, anything