RE: Q2 Results???4 Sep 2023 14:25
Howezap said :So we should all be questioning wether the previous highs were highly inflated and not reflective of then market cap?
Think we all know the answer.
Smart investors that believe in the business model will have averaged down.
To answer the first part, we can only go on the guidance of the company, CB he wouldn't take 10p a share for it from AA at the AGM, that was the company guidance that people invested on.
He told us we had 2mt, he told us it would be a straight forward sale, he told us it would happen imminently ( two years ago) That was his guidance and the business model so please how's that worked out ?
And the second part:
I actually averaged up for a while until I averaged down again, I stupidly thought that 3.5p would be enough, if I lose the 2 pence worth of my investment from with the current SP then so be it. I'm not chucking any more cash at it.
If you are still here then you are equally as smart or stupid as I am because we will both be affected by the outcome here.
Regardless of how much was spent on averaging down.