RE: Only 1 mm on offer15 May 2020 11:27
Thanks for the response levi.
I suppose I am trusting Gati yes. He has put £4 million into the company and the current market cap is £2.5m. His average is probably well over 10p ? I am sure he will want a return on his money and if he does get that, then people paying 3.5p down here are going to do alright also.
When I read through posts on here and ADVFN I see that most investors probably have averages around 15-30p and were once very bullish about the company. Now they seem to be very negative, understandable considering the drop in sp and their holding value.
But, I am a contrarian investor and I like to buy when sentiment is shot, long term holders have given up and the sp is at an all time low but the chart points to plenty of potential upside.
I like looking at the technical as well as the fundamentals.
Nai/DYOR