RE: Undervalued significantly26 May 2017 10:08
Negatives
*Fallen 40% and no sign of a bounce depsite bottom fishers, tips, rampers
*No clear explanation of why the last CFO went
*The market is negative on the share.
*The trading is being manipulated to engineer sucker rallies where the ask jumps 4p but no trades are carried out at that level and it soon falls back
*The update itself was not damaging enough to cause the fall so there may be something fundamentally worng with the company
* The directors have not bought a single share since the fall. Perhaps they don't think it is undervalued.
*No near term drivers to drive the share upwards apart from the hope that 130p, 125p120p,115p,109p is too cheap (Choose your won there and apply it to the share and of course you would be sitting on a paper loss on the first four choices.)
*Possibility of a second PW sending this down to 80p if the whole picture was not painted in the last RNS.
* A BB chat board with gatekeepers who don;t like any other opinion on the share except their own bluster. Everyone negative wants to get in cheap, has an agenda, shouldn't be on the site. They are right and the market and everyone else is wrong.
Just a few negatives for some balance