RE: Spiked3 Mar 2024 09:53
Marsh
It’s easy to want out after the event.
We’ve all been in that situation 100%.
However look at GDR two weeks ago when everyone wanted out at 4.25p the smart money bought the dip and they are roughly 30% up.
So naturally you would think well they should want out with that profit in just over a week!
Actually look at buys v sells on Friday and you see more than 4-1 buyers v sellers.
So they are betting it has further to run.
None of us no the truth but the figures are the facts.
All I’m saying is it’s easy to throw the towel in and crystallise a loss but hardest thing is to buy more because you fear you’ll lose more naturally and this could also happen.
Another way to put it is if you get married and one year later it’s not what you thought it was you wouldn’t expect to just walk away immediately. Naturally you’d give it a chance and try to work it out. If that don’t work then you’d make the choice to walk away.
Sorry if it’s a bad example but in reality we must give the new board an opportunity and believe him because we all jumped in at 10,20,50 and even £1.00 in some cases.
I only hope for transparency and no more dilution.
No dilution could easily be achieved if good news comes and the shares rise significantly and only then they consider issuing new shares.
Issuing more at this level would kill the ordinary investor who probably wouldn’t have extra cash to buy more shares.
This is just my thought and we must remember we do actually have great products but need to convert products into revenue which equals profit.
Whatever we do is a gamble to some extent.
I was in HE1 and did a ten bagger and in honesty got out but if I left it another day I could have got a few more bags but I was more than happy.
I’m happy in this and believe and trust the new board and hope I’m correct about the big man