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Sadly, you are right. This stock is going nowhere for a very long time; future prospects are not bad but will take some time to materialise. As usual FG and his team have little or no idea about how to promote this company in a positive light. The rise last week was pure smoke and mirrors manipulated by the MMs (low life) and caused many people to pile in with cash they probably need for other priorities.
Quite extraordinary, last Wednesday QBT had significant funds in its treasury to easliy commit a paltry £2m to R&D yet waits until the SP falls significantly to initiate a placing! FG needs an effectice PR and commercial guidance on board now! Talk about schoolboy errors :(
Easily...us LTHs are a bunch of muppets. If a stock rises to 3.5p rapidly and then falls back so swiftly it must mean that nothing is there!! If there was real long term potential, the SP would be propped up long enough for real benefit to be gained.
Fair comment F1, in fairness there is very little difference between a unicorn and cash cow (in investment terms) except that the market tends to hold back obvious unicorns until the $B signals are fully proven. However, you never know!! :)
Basically, whatever is said on these boards makes absolutely NO impact on the SP at all. DYOR. This stock is undervalued but also mired in vapid sentiment and hearsay. Emotion will make it move superficially (we've seen that in the past few days) but in the final anlaysis only product and results will count. This cannot be a unicorn but could be a cash cow :)