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Splatted its not a cash cow until it starts to return cash to us shareholders. No point in just using the funds to buy more machines to mine something that doesn't actually exist. Not like Gold is it?
Well nothing that he ever said seem to come true. Apart from the website which was not exactly rocket science.
All depends if a company is paying him or not.
How can you have a price target here? Surely it is whatever the cash value is less running costs until they are returned until a deal is done. Then its down to whatever the deal is. Even if it a £billion company it wont make us billionaires. BOU holders will hold a tiny % of it. There will be more shares issued which the other company will take.
Will he completely disappear now that Sefton has gone.
Swingy is that their own coffee that they will grow? They have plenty of land. Wonder what the turnaround time is for that.
Swingy very reassuring especially at this time of year. They said they will be more transparent going forward.
They prob stopped paying him to promote them. So instead of saying ok the stock he ramped turned into the stock he ****ged off.
Everyone knows that the numbers are dire. Its all about the way forward and if there are any chains being signed up. That's the only way forward. Once you have plenty of restaurants on the site then smaller restaurants will come to you,
Should walk away from it, there is enoughto be getting on with
uNKwn not sure the BOD can answer that :) maybe ask a MM. Think its a problem. An Italian banker running an Oil company. Let the people with experience (which they seem to have) run the show.
Do you mean Andy??
I cannot see the print but most probably a buy order worked over the day helping push the price up. There was a large sale order at 30.5 which was holding the price down.
Maybe they could out AC or reduce his control. Market would certainly take to that.
Whats your name Tops???
Sorry to hear that. Never nice to hear of others losing money unless its a bear as they are wanting a company to fail. Been a bad year for me as well. Think I will stick to advising others. Seem to be better disciplined that way.
He sold about 1.5% of his holding, less than 500k and holds 38m. Not exactly running for the hills is it? Unless there is a missing RNS.
I said this a while ago. 1/3 of profit for Dividend, 1/3 for new machines & 1/3 for war chest in case of sudden drop in price. At the moment all the money seems to be going into machines when there is no certainty of the final price. Not like a real commodity that has natural supply & demand.
Apart from the near 8m the night before. So maybe a mm’s mate has taken them off his hands at cost.
Most def a sell. Doubt that much has been sold down there to fill a buyer. Hopefully seller cleared as odd amount and can pick up.