RE: Interim results7 Jul 2022 18:41
Peakyblinder
I’ve been a strong buyer and tried to defend them based on fundamentals. I truly believe it’s an undervalued company on many metrics such RSI and the fact we’re back in profits and growing again however I can’t justify have the same level belief based on the Alberts lack of commitment. The fact he failed to deliver on his word has not shown confidence and it’s reflected in the price. It’s totally undervalued and I assure you it will bounce soon enough. At a 20% bounce it’s only back to 53p and the capital raise price which was fully subscribed was 50p.
A purchase from Albert or Directors brings in larger investors but who’s willing to show there cards when the Chairman ain’t. I’m totally surprised large share holders like HRnet or Mr Spain ain’t called for his resignation. After all they’re losing a fortune at these prices.