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Statisically retail investor lose money while investing, this is just a fact not an opinion. Ast is a perfect example of why this is the case and why London is rapidly losing the battle for capital by more attractive foreign platforms. 90% of companies on AIM are well dressed scams imho
Ast is an absolute con and the only reason still listed is because the board are extracting just enough Gas to maintain lifestyles, theres absolutely no intention of restoring shareholder value and it been like this for yrs. Atleast CH did something and communicated this frequently!
Get out if you can as Tern is just another vehicle peddling hope whilst paying salaries i great partners but never shareholder value creation. Put your money in companies that your actual see a return in - never in AIM though
Very true. Nothing is ever achieved other than "extensions" and "running down the clock" for members to exit with as much salary as possible before the inevitable board change to create new impetus.
It was 3 yrs ago that CH ordered stimulus equipment to get PG10 & 11 operating more effectively only for it to be cancelled by that JB guy - its all a con imho
In the last week we have had good results, competent presentation and news of a minor (very minor) contract and yet SP is bearish? Do we need new life at the top to bring new energy to the whole operation - probably.
Latest find raise therefore "in-the-money". I am LTH and seen this SP pattern over and over again, it will soon rise well above the 18.5p then Sisto will issue into again and this pattern will happen all over again but at 27p (probably).
Unfortunately another example of much promise not being delivered into and PI's funds being wasted away on the ambitions of a select few. There's no shareholder wealth here and soon tno monye. Seen it all before on AIM