focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I lost count the number of times i look at a high riser and i see jonesrichard posting "special news" , "this could seriously multibag" and " if xxx can do this then no reason why this can't". Rainbow chaser who has lost tens of thousands by his own admittance. And yet his twitter account is called Investor Rich..love the irony!
I lost count the number of times i look at a high riser and i see jonesrichard posting "special news" , "this could seriously multibag" and " if xxx can do this then no reason why this can't". Rainbow chaser who has lost tens of thousands by his own admittance. And yet his twitter account is called Investor Rich..love the irony!
Arb is mining, qbt currently isnt as far as i know so they arent comparable and last year is not the best to base market values as you extreme price volatility, ggp, eua, ncyt, arb. All have significantly dropped this past year. Not because they performed badly, markets returned to (almost) normal as economys opened back up.
Bit over rampy is an understatement lol. That being said i agree this does have potential but at 30m mcap its a tad soon to be talking 5b mcap. Evenimg up and rining miners like ARB haven't reached those lofty heights...yet...
Suthy - you should take a look at jonesrichard posting history. He is reknown on lse for posting extremely high SP predictions based on no rationale or just reading a few posts from others. Not to ssy they couldn't happen but use your own jusgement and ignore everything he posts. I mean he admitted to having lost over £50k investing so how good is he? Lol
Which is exactly why i believe Syme capped the money upfront with the remainder only payable on meeting business goals. The valuation was also based upon them meeting their business goals so realistically we know that syme have paid £7m for a company that made £300k in the 1st 6months of this year. We dont know what the earnings prior to the aquisition were.
And Jinjim it might be worth getting some facts right " Like when they used a CLN to purchase a company with 300k revenue for 31 million again " - this is currently false in that SYME had only paid a value of £7m in cash and shares at the time of purchase. There were to be additional pay-outs based upon the performance of TF and them hitting their business plans therefore we do not actually know the total that SYME will or has proposed to pay for TF.