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He does have a point though. We were told about X number of financial closures, 3 (iirc) of which were in the final stages of closure. That was 5 months ago. I am balls deep in this company and believe in what they are trying to do, but the silence really is deafening.
This needs a financial close now. Money in the bank or Wood will be the only thing that moves it up. We are coming into May now and haven’t had any closures yet. I’ve seen this happen before on other tickers and hope the same doesn’t happen here as I’m too far in! VDTK is the first that springs to mind.
This is gonna keep heading south until something big comes through IMO, and even then I don’t think it’ll get back to anywhere near where it was. We’d need another big run of positive news to get back there like in the run up to Christmas. Bad news on CC or Wood would only compound the issue too. Absolutely unbelievable where this is at right now. If I had some funds I’d be topping up what I could around the bottom to to to get a more respectable average.
What is going on with this at the minute? It’s shocking to see buys outnumber sells each day and see the price stay stagnant. This news on top of the GGIB should have seen a rise this morning and it’s still here!? Unbelievable.
I have requested clarity from Hargreaves Lansdown as they currently use CREST, however they reference it as “CREST (EUROCLEAR)”. I lack a little understanding on this side of things so even though it seems like it should be fine I have asked for it in writing to remove ambiguity.
Doesn’t stop it being infuriating; seeing your investment plummet in the last 5-6 weeks for no real reason. Hold on tight though and keep the resolve. I’ve made the mistake previously of banging out when I saw this and lost out on making a silly profit. Won’t be doing it this time.
Done. £10k at 2.27. It’s dragged my avg up a bit but thinking about where this is going I doubt it’ll matter. With the CC (hopefully) out if the way this month and some Wood group news, 2.27p will seem like a bargain in a few weeks.