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What chart you looking at ?
Although I appreciate your enthusiasm Dshox things have been going downhill for the last 2-3 years. I appreciate things may be difficult at times but someone with TMs experience knows you need some cash in the bank even if it is to fall back on to give you some breathing space. No,point worrying about dilution when you leave yourself open to takeovers etc. When I first invested about 5 or 6 years ago I would have stuck with this company through thick and thin because I could see the vision of a Billion dollar company. It still has the potential but I will now be happy for this journey to end and if it is at 10p or anywhere near for the company I will take the cash.
I was saying for the last couple of years we never raised enough at any one time so as to give us some breathing space. Always felt we needed 10 million in the kitty to do things properly. When 3 or 4 million was used then raise 3 or 4 million so you have always got that 10million or so for protection. Especially now we are so far down the track. We definitely need to raise but it may be too late for all they now.
Tony screwed this up when he gave away 20% of the company because he left it till the last minute to raise funds. AE can now do pretty much what they want. Another 10% and they can take over the whole business. They only need to offer enough to get people on side I.e 10p or so as PIs will take the profit and lose no sleep over anything else. One big F..K up.
We don’t know how long the vaccine will take, how reliable it is, how long it will last once administered, new variations of flu, many people won’t want the vaccine at the moment because of how quickly it has been rushed through and so on and so on. Result is continual wearing of masks
Gosh that company brings back memories ( not good either)
What’s with all the buys for a few pounds or pence. Been going on for days I have noticed
Yes jacbal you are right. However I have waited to be where we are now irrespective of the skepticism which may turn out to be right in the end. So for me I am waiting to see what the outcome of these negotiations are and will then assess from there. This time I have freed up capital so if this does drop to 2.5p - 2p I will be buying to trade and bring my average down. I like many had big hopes for this company and I don’t doubt in due course the SP will be back up to 10p but like has already been said we have already wasted 2 years and I can think of other companies to invest in at this moment in time
After the last three months it would be good for this company to push through and become what many of us believed it could be irrespective of the last couple of years. Something to celebrate considering many of us have been here a while would be good.