This is looking more and more like a super long term hold so put it in an isa and leave it, looks like the bottom has been reached. This CEO better deliver otherwise it'll be a disaster for a lot of us.
It happens, don't be risking capital to chase rainbows as chances are AVCT will slowly hit those marks soon once news arrives.
Thought so we're looking at potentially Sept/Oct period release as August was nowhere near ready.
Vote against this rubbish proposal, the man had 8-10yrs and managed to fill his stomach instead of closing any deals. The sooner he realises he or the BOD are not wanted and move on the better.
Clean start needed from this smog that's overhanging Kibo for a few years now.
To be honest nobody knows where this is going hence uncertainty and the general chaos with the sp. I just pray nobody put too much in this due to massive risk for PI's due to lack of business info etc
I have a feeling the CEO knows the seller otherwise he should bring forth share consolidation straight away to save this mess.
Its a mess at the moment, that's for sure but let's see if there's light at the end of this extra long tunnel with no end in sight for the huge seller. The CEO should sort this mess out quick before more chaos happens.
Actually still have my holding from the RTO so make me in
This is how much Proactive Investors know about SYME they think its an AIM company. Is the CEO not able to correct them or is the company heading towards AIM listing????
He bought 50k worth of shares at 0.48p this is hilarious. He spent £250 are we supposed to take this CEO seriously if that's what he's done. He needs to turn this company around quick before its taken off the market and into administration.
Just goes to show how bad this CEO is when he acts like doesn't know anything and this RNS happens.
People that filter always have an agenda anyway. What we know from articles is since re-entry the sp has fallen almost 95% that's ridiculous, how can a company allow that. Its either they know who the seller is, there must be some agreement in place or something as how can a CEO be clueless to all this.
The sooner news comes of this securitisation the better, plus the deal might not even be good as SYME is at the mercy of the clients at the moment as the business is NOT proven yet.
When the CEO said he doesn't know who's selling he's talking rubbish, of course he knows, he's waiting for them to offload and then will announce a share consolidation or 10-1 or more.
The sooner they sort out the shares in issue the better, that'll f up the seller and sort the company out for the better, there's over 30billion share in issue no wonder its relentless with the selling.
Classic SYME day, one step forward five steps back. This share is so risky I think those that have thrown the kitchen sink will possibly regret this share eventually.
The business model is not proven, that's the risk we've all bought into hence the dog s*** share price and even then it might not take off the ground if clients don't buy into it.
I'd be very surprised if the price didn't bounce back plus if the FDA approves then it's all nonsense from the article.
I have a feeling there'll be a share consolidation to reduce the billions of shares in issue. It's just nasty having so many shares in circulation like that.
We seem to be behind TILS so if the same pattern follows then we'll be back to £2 in a few weeks fingers crossed.
But one positive is SYME is not Africa focused like Fast Jet as it's like playing Russian roulette in that region with tin pot dictators and crazy people running the countries. I sound bad and stereotyping but pretty much any company focussed there struggles.
SYME could easily fall apart as they're selling a dream, the business isn't even off the ground yet so those 16 showing interest could easily walk away if this is like some dodgy pyramid scheme. This share is definitely one to put pocket money in and not the kitchen sink in case this ends in a disaster.