RE: Share price31 Jan 2022 17:18
SP drops doesn’t mean the company is going bust!or even a bad failed one.
The problem is uncertainty and poor visibility of the company revenues and profits margin/ loss..
Also many of today’s trades are wrong…and confusing..
I did five buy trades today and two of them showing sells trade…last one before the close at 8.75p.
Timing is of importance here . I invested before when it transformed from highlands resources into Zoetic and the BB then was full of posters telling everyone it’s going bust when they did placings at 5 p . At the time I loaded then and sold after a couple of years at around 55p ( see my previous posts here ). I thought then sp has risen enough but astonishingly continues to rise to over £1!
I stayed watching it going down and today reminded me of my previous investment here ,so history is repeating itself..it seems and imo CHLL is in a far better position now than a few years ago..
Today I indulged myself here and not going to be bothered by the negatives here jumping up and down with the sp movement…
No gain without pain…
GL