little thought and tiny holding (3k @ sub 20p average now after several correct but super tiny trades..)
...not convinced yet that this is a winner......but happy to trade in this range (or buy big sub 20p...perhaps...if sustainable profitable growth clearer)
...your thoughts?
er....19 years and 5 months
...terribly sorry old chap but that's 20 years in post language lol
"AIM launched on 19 June 1995 and has raised almost £24 billion (thousand million) and has helped more than 3,000 small-medium-sized companies raise equity to support their growth." (source wiki)
are amongst my least favorite stocks (though I own a little in 5 or 6 still)
...if fiat currencies can weather this crisis (08 to date) then what is the point of gold?
not as confident as I was in ntq @22/3p with decent wti (less confident there now and skeptical about oil service sector in weakening price environment)
...just a hunch...negative EV and loads of hard assets so perhaps cheap but
...a Chinese company (which is scary) & dreadful luck in combination with exquisitely awful execution (don't have any faith in management)
...so perhaps bottom will be somewhere 0-5p lol
wasn't tasy enough
...but here (50-65p) looks decent place to re build position imv: EV/EBIT not so demanding, turnaround may be making some headway
...I am more interested lol
if no sell, the buying must finally push this up off 10p base
...v cheap if they can futureproof the business model (make it more diversified & robust..less dependent on distributors)
...but that is a mighty big if
which stimulates a few sells...the mms understand this well (or at least the dma works well)
...30p seems hard to shake off as rough mid price...until profits growth clearer perhaps
visionary narrative...
...all sounds good and interesting...and then...looking, delving, researching
..dyor,all
...there are v few gems on AIM imv (look at the 20 year AIM chart & weep)
even in foresight this looked super speculative...and now
..where's the cash for further development?
..when the development?
...how fund any development to first pour given weakening PoG?