RE: Every picture tells a story10 Feb 2019 18:57
Do not think what JJAL as the CEO has anything to do with it.
As JJAL has said, the CEO has let the shareholders down and is below even my average buy in price of 11.33p back in 2015 - so I am happy I cleared out but also disappointed I didn’t sell earlier but when the CEO tells you one thing at an AGM and does the opposite, what can you do but be very untrustworthy of the Board. Almost 99% on investors here are down but you all keep praising the BODs. Unreal really!!
But Dopey seems to have inhaled too much cannabis on his visit and believes everything he has been told. Do you think they will invite you over and give you any bearish views? The answer is NO.
I remember when I was invited to Denver back in 2017 and didn’t attend but someone did and also believed everything he heard. Funny though, the bullish views were generated and pushed the SP up for a while and then the 30p organised placing at 30p happened. Presold by a MM or an equivalent organisation like PrimaryBid who sold in the mid to late 30s and closed their short with the placing. And the BOD didn’t know - rubbish!!
This has yet to work to drive the SP up but wouldn’t be surprised to see a fund raise before Easter even though Dopey seems just to rely on the bullish views. Fortunately, even a few investors have concerns and post them accordingly. But as per norm, they get bashed by this board and seem to completely ignore their view. The way I see it, their views are considerably more accurate than the majority here and mislead many both existing and potential investors here. Fortunately, this is a public board and everyone has the right to explain the views and concerns whether bullish or bearish. Or should I call them rampers, derampers or trolls which have been misused on multiple occasions.
See a small rise as I have said on the IP news unless it misses the figures by 10% or more but will retrace until new revenue of a good size is worth talking about. But according to Dopey, all will become apparent in the very near future. Hope so for those that do genuinely have concerns and have the ability to sell out much higher.
Many spout off here on both the bullish and bearish views but just looking at the responses and recommendations, many investors secretly do have concerns. But no wonder, the lowest the SP got to was 9.6p in 2015 until end of last year when it hit 8.625p.
With the much higher amount of shares and in my view with the administrative costs still being reasonably high, the GP needs to be quite large on new revenue to put many investors concerns to bed. ED revenue will only suffice unless additional pads are constructed on sections 31,32 and 33,34.
However, still see a rise over the next few weeks if ED achieves its goals - exciting watching though waiting for reasonable volume to start.
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