RE: Missing Link7 Jan 2023 09:39
I find it difficult to explain the apparent present dire financial situation, it seemed to me that the ditching of the Aldebaron deal was the catalyst as that deal at least provided financial stability over the next few growing years . Now there are a number of deep pocketed investors with a lot of stock in Dev both financial and reputational and ASLR company with its investors too. CJ apparently lost out to Aggar in a boardroom struggle and maybe deservedly so as comms were really bad and profits were worse although the economic issues account for part of that . I have a six figure investment here or “had” and this is my worst point ever in a main stock market company , made even worse as I couldnt at least trim my investment over the last year when the financials went poorly . However I have been thinking over all the senarios and there are a few …1 Veative as it is now recovers and realists …a possibility and maybe a probability with Aggar at the wheel and a large number of HNW investors but the company needs cash now ….
2,Veative struggles financially in an expanding ed tech market and is bought out by a large predator (remember most are struggling atm see Euan Blair’s company )
3 Veative stays private and does well in an expanding ed tech sector
4 Veative disappears and goes bankrupt quietly
Which does rational thought support keeping in mind we have an Asian high achiever in control and a new CFO ….
Take your pick but if you have the time I think it’s worth holding , selling will only realise 1or 2 p per share with difficulty ….holding won’t lose you too much more. But everyone to their own and I am bitterly disappointed and will never hold a large amount in a small cap again sad GLA