RE: MHC lab tests12 Jan 2024 21:36
Anyone who’s worried today about a small drop based on around £11,000 worth of share sales needs to take listen to this from WHO
https://m.youtube.com/watch?v=vQdQ2-WcEY4&pp=ygUKY292aWQgbmV3cw%3D%3D
Covid is significantly higher than reported and many countries not reporting deaths!.
Covid figures in December 10,000 deaths reported in just 50 countries, 5000 in the USA and 1000 in Italy.
January figures not out as yet but COVID expected to continue to evolve and kill as immunity wearing off.
MHC has 7.75 m in the bank and many said after last years results when they had 7m MHC would be out of cash.
Sorry they are growing cash while adding new product growth.
Many choose to bash MHC whilst others like me promote them.
I called MHC having 11 m revenue and between 7-8 m in the bank and I’m personally confident this will grow as new products gain traction which is evidenced by regular sales on Boots site.
Yes Covid sales will have peaks and throughs but one thing is for sure 4 years on it’s certainly not endemic as it continues to cause great public health concerns.
Today was interesting because despite all the negative chat only half the amount of shares traded and compared to past few days. A lot of AIM stocks hit today so imo it’s a blip on an uptrend started ion December 27th. No ones certain but as an investor averaging is key and when new contracts, Directors buying, RNS released people realisation and opinions can change swiftly. We rose to 16p and pulled back on minimum share trades.
I won’t be selling and will be taking advantage and happy to update when I do release funds to buy more.
No doubts many negative people will say differently but my average has dropped considerably because of buying low and continuing to support a company I believe in. How many Aim companies have vanished this year! How many many have more cash than last year.
Each to their own but I’m totally confident and will not waiver.