RE: Lack of progress17 Feb 2023 18:19
Timeframe is an interesting discussion.
If you invested 20 years ago with a 10 year timeline then you would have almost certainly lost money.
If you invested 15 years ago with 10 year timeline you would have probably lost money.
If you invested 10 years ago with a 10 year timeline then you might have lost a lot or gained a lot.
If you invested 5 years ago with a 10 year timeline, then you have a chance but i would guess its still 50/50.
Year after year its the same story with see....just wait a couple of years and things will come good but all you ever see is dilution after dilution with an almost unbelievable overhead spend.
People here say the sp is low.....the market has given them a 300m market cap but is that generous or fair.
They have done in about £500m, time will tell but i dont see any evidence of that money being well spent and none of these big boys have shown any interest in aquiring what see has.
Thats quite unusual in this type of business!