RE: Half Year Results Wednesday 24 July21 Jul 2024 10:46
I wonder why Paul ML007 posted every single AML purchase >£15, but hasn't posted one since?
He bought over £15k of shares between £15 and £22, and shouted every buy from the rooftops on a public BB.
Let's say £20k worth of shares at an average of £18 (roughly 1111 shares.) that £20k is now worth £1633!!!!!
Ask yourself this, if someone had turned lost £18,367 on a £20k investment, would they manage to find another £20k, £40k or £60k to invest and feel comfortable with that, knowing the company was priced for bankruptcy back then, or could be taken private at any time? How likely are they to stop buying shares above £15, and wait patiently until £1.25 without buying any more on the way down?
After saying their faith on Stroll would be lost at anything under £14!!!!!!
Even if they had invested another £60k and quadrupled their investment, they’d still have a loss of £8k after all that worry.
Funnily enough, they didn’t post any top ups, but want us all to believe they did just that, and in HUGE amounts.
(£20k top up): 16000 shares @ £1.25 Total number of shares in AML is 17111 = £25153 after investing £40k. LOSS of £15k
(£40k top up): 32000 shares @ £1.25 Total number of shares in AML is 33111 = £48673 after investing £60k .LOSS of £11.5k
(£60k top up): 48000 shares @ £1.25. Total number of shares in AML is 49111 = £72193 after investing £80k .LOSS of £8k
None of these calculations take dilution into consideration, there were plenty of cash raises where you had to top up your holding to avoid dilution, so the losses are even higher than above.
The story is not over yet, one more cash raise and the SP could be 90p again...
£80k investment would be worth £44.2k
£60k investment would be worth £29.8k
£40k investment would be worth £15.4k
If AML gets taken private Paul stands no chance of getting his money back.
Now you know why he doesn’t post any more share purchases, or tell us his average.