RE: Jimbobtechstock21 Dec 2016 10:45
Someone had similar in the chart back at the spring placing then kept pointing out on here (I think) that it had failed to reach a technical low and would fall back.
So glad the algorithms got what they wanted this time, maybe it can recover from here. Bet those buying at 8p in the second placing knew what they were getting into and theres value to be had north of that second placing in the coming months.
Noticed the derampers came here as the MM were working it down for that 5.5p - with all the well crafted lines, what were they... (1) no clear strategy (2) still had debt troubles and (3) suppliers not getting paid and (4) website not getting updated
Lo and behold the annual report and website revamp adressed every concern from supplier payment plans to office concolidation and reduction in lease costs to a very clear strategy across three streams (lighting, components and IoT).
Its almost as if there was a plan to talk this down then bounce it back up ;)