RE: Italian article27 Sep 2022 16:34
Cheers argo007 re article I thought so too.
Not intentionally a basher ramped or deramped post just niggling questions surrounding my humble opinion of this complex stock.
Whatever the interim results and my bar is very low, this investment and many others carry high risk, always has IMO, mainly cash burn, a killer for all disruptors, but think were good for June 23
The finance sector along with investor confidence is evident not helped by the complex structure of companies involved to make SYME.L a working entity.
Potential IM funders are out there but will only engage if it improves standards of data flow above current methods utilised . Sadly, IMO This will take longer than I first envisaged as they will analyse the recent IM protocols to reduce lending risk amongst other factors (profit) whilst navigating the fallout caused by “idiots” Central Banks broadcasting inflation was transience.
Delays re Fine tuning re Vechain is expected, bugs removed, and patches applied as web3 develops.
2023: I await the day when AZ states this is what they want, and SYME can provide it, not what he thinks they need.
It’s impossible to set timelines with SYME but one hopes that they can provide SAAS (Software as a service) in line with what Block Chain promises, which has a fast turnaround timeframe (Seconds Not 2 months). The big question outstanding is, will the data flow from the latest IM satisfy these basic requirements. If so, commercial funding will onboard, and investor confidence rise.
Yes, I’m still invested and hopefully in time be able to fund a reliable autonomous wheelchair (preferably not Italian) but not just yet.