RE: Big day at cnsl, buys coming in and price rising (again)26 Mar 2024 12:05
If the company confirm as you say then the price will not fall,
JUST WATCH..YOU MIGHT LEARN SOMETHING ABOUT AIM AND TRADING UPDATES
THERE IS A SMALL PUMP AND DUMP ON BUILD UP TO RESULTS. THEY WILL BE EXITING BEFORE UPDATE COMES OUT.
PRICE WILL DROP ALSO ON RELEASE IF NOT GOOD NEWS.
depends on how much if any of the cash they have used up.
INDEED. LESS CASH THEN FORECAST WILL ALSO CONTRIBUTE TO A DROP
UNFORTUNATELY WITH AIM EVEN IF EXPECTED RESULTS SP USUALLY DROPS
Market looks forward and if company has shown that they can turnaround a loss making comoany as you said,
BIG IF AND NO SIGN FROM RNS OF NEW SIGNIFICANT CONTRACTS
in the first year of doing so.
YOU KNOW IT IS NOT THE FIRST YEAR. THEY HAVE BEEN MAKING A LOSS FOR YEARS S- SINCE AT LEAST 2017
Imagine what may/will happen in the future in a multi billion pound industry.
THE INDUSTRY MIGHT BE WORTH THAT - BUT NOT THE SMALL NICHE SECTOR THEY ARE IN. BILLIONS WERE MADE BY COVID INDUSTRY - ODX/CNSL NEVER GOT ANY OF THAT EITHER