The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
There was nothing positive in that announcement.
The company can say what it wants, revenue has decreased by 30% due to outage (apparently). Where was the rns on this?
2p and strategic partnerships mean nothing, the whole announcement was bluster to hide the revenue drop.
Enjoy the ramp, this is likely to spike but a lot of people will be and have been burnt here.
So, the company says it's undervalued. There's a shock. And an employee says they have massive 2p reserves.
All seems legit to me. I'm sure you'll get your spike, but this all looks extremely suspect to me.
Shades of MPL to me.
LoL!
You mean you bought and hope to ramp up again and got caught with your pants down. Now you alert everyone to the next "big thing*.
That's why I'm here, nothing else.
The rest of you were warned. Now enjoy your losses.
(PS he hasn't halved, he has sold up)