RE: positive frame24 Apr 2015 11:35
Fair enough and that's obviously your shout.
Can understand where judge was coming from though as does get tiresome with a lot of the bullish, repetitive spouting and ulterior motives. Can easily suck investors in and have seen it more times than I can remember but then the flipside is that it's not my/our job to help newbies as such and people have to learn from their mistakes. Plus you get called a deramper when simply urging caution so I don't really bother now and let people figure things out themselves.
I did post just before open today that sp would likely climb but have been on the wrong side of positive RNS before which seem uber-positive but fail to confirm figures so feels more like a momentum trade for me today than a Buy & Hold. I may just be wary due to bullish RNS often preceding placings but maybe that's more due to my preference for the resource sector. On that note, and this isn't a de-ramp, having looked at the 2014 prelims, would you say the company is fully financed? Good to an extent that cash used to repay debt and finance investments but, at very high level, someone with a more bearish outlook may be nervous with the cash position. Having had a quick look at the contract RNS releases I can't see any revenue confirmation there either?
Any reasoned and intelligent comments welcome, even if to show me how wrong/thick my thoughts are...