RE: Fly or Collapse?9 Jan 2024 16:10
Wyndrum, ref 14:40.
14:40 post, para 1 (MMs). Agreed.
Para 2, agreed.
Para 3, this statement lacks any detail and seems as unsupportable you think the loan suitability.
Para 4, the new loan would remove from investors minds the doubts about cash flow.
Para 5, this is true but the likelihood of it happening is singularly unproven.
Para 6, MMs don’t take risks by building up stock any more than shop keepers build up stock for customers.
Para 7, agreed
Para 8, 9 , 10 &11,the MMs don’t keep the price artificially low. This effect imo is due to traders, going, seemingly successfully, short or long, currently it seems, in the 11 - 15p range.
Para 12, agreed.