RE: Buy baby buy!8 May 2025 18:27
“As I stated believe it was Eco whom said 2 wks approx investing at 0.17p would require “ very very brave” I suggested at those levels sounds like a good buy, had he done so he / they be sat on a nice 25% ish profit now . Would that change their opinion?”
As Hastings says, it’s about facts. I was making the point that any share price rise without something to underpin it was nothing more than hope value. I stand by that.
What are the facts? We can’t keep rehearsing the same arguments- heavily loss making, the company’s own Board and CEO has no idea on the future prospects/financial position of the business, what revenues will be generated etc etc.
I appreciate people are nursing heavy losses on this stock and any rise is better than nothing but this company, as far as we can tell, is in difficulty. Not my opinion but the market, the same one that drove it down from £1.20 its peak after suspension to its current level.
No marketing spin or accounting sleight of hand will change that fact.