RE: This is hard to watch6 Jul 2021 12:36
I simply don't accept people saying 'I'm not concerned', .....following CE conformation in less than 4 weeks the SP has gone South pretty much on a daily basis from 2.60 to 1.65.
Clearly what the market see's is a CEO who has missed every timeline he has ever set and having given him the benefit of the doubt ( unusually generously for the market) for a year then hear him talk about customers lined up in 27 countries, delays in CE not affecting sales, in discussion with HMG and capacity ramped up basically telling us all the spring is coiled and ready for imminent release.........and then nothing.
I'm sorry but I for one am concerned because if the silence continues for the rest of the week with the rate of decline in the SP and the way its now going it could be into the 1.20's on Friday and even if there was an RNS to confirm 5m sales that would probably only take it back to 2.60