Member Info for cheeseburger88

The average PE ratios in the healthcare sector seem to be very high which is positive

Do we have any idea of how much of the placing will go into the ground versus all the corporate costs, admin and salaries? That may be give a clue as to what the news cycle will look like over the coming months.

What news do you think?

I am happy to wait. Share price is cheap at this point.

I have been doing research on permits for mining. They are right, getting permits to mine seems to be a long process, even for the big miners. Maybe they can do further exploration whilst waiting.

Definitely better than a discounted placing! Also draws a line so we can move up from here.

How many auditors has this company gone though now?

This could be ready to go again. It went up very quickly before.

Gold price looking good today also

So the market was spooked unnecessarily. Share price should move back quickly then to the 1.8-1.9 level before that happened and then we can look to breakthrough the 2p level.

What is the odds of this coming back?

Or today!

I had planned to go to McDonalds for an Egg McMuffin but decided to stay home and see if we get to 2p this morning!

Looks like it so wants to go to 2p this week.

Looks like a lifestyle company with no plan.

Definitely a risky move, not sure what to make of it.

Shake, rattle and roll and we go back up again

A rocky period ahead regardless of the result today.

Feels this is about to breakout

What is clear to me is that if the 'Yes' vote wins two things may happen. Firstly, forensic accounting will eventually unravel the dealings of the Poddar Crime Family. Secondly, the the advisory board will be able to undertake a thorough strategic review as to the path ahead. If the 'No' vote wins, who on earth will even consider giving money to this company. Possibly death spiral financing will be the last resort. If the 'No' vote wins, the damage has been so extensive it would take years to repair that. I can't see any scenario that results in the Poddar's remaining with the company.