RE: Top up time9 May 2023 19:54
I already had him on filter, so suggest others do the same. I support Valju in his logic but warn people about averaging down too much. Lost my livelihood in 4D, Pog and Ncyt this way. I still support the bottom drawer thesis , as I did 2 years ago. I said it would be this long, but didn’t expect it this low at all. Of course it could go lower, any share can.
No debt( but big legal bill unless outright win)
New markets
Need for viral screening will not go away.
Horrendous possibilities of bio-weaponry or leaks.Do not underestimate.
Court case only a year away.
I have had a case last 8 years and presently have one going to court in late July. Nearly 3 years. A year is nothing.
Cash burns, but no debt is something not many companies can lean on. This case was started by BJ’s already deeply corrupt govt. and to mecthat speaks volumes.
Yes I consider the BOD hold shareholders in contempt, butvthey want their salaries and bonuses to continue. GM did a runner and should have had to hand back his bonus, but that’s AIM-no regs.
Leave this in the bottom drawer and maybe buy a smidge back. Dodgy crew at helm, but credible debt-free company.