Smoke and mirrors...23 Sep 2020 23:14
The biggest problem here and probably the main reason no financial institutions in the UK want to touch SYME is as follows...AZ and the Avantgarde group are basically the same, AZ never paid cash for his shares and now low and behold on paper he is worth over £100 million, all based on a price he decided and that's not how it works, it's the market that decides the price. Dont get me wrong, SYME might have a place in the market and may be worth billions in time, but for now, its far from it. Shares getting sold into the market now will be bought up by small pi's and when the company has milk as much as they can, they will let the market decide the share price, which will be a fraction of what it is now. It will be then when/if any deals are struck and from there the sp will grow if the company preforms as expected. As always, just my view and dyor.....now come on rampers, let's here what you have to say...lol