RE: How accurate is this?4 Feb 2021 14:06
The idiot who wrote the article was sitting on the bog with his laptop trying to push out some click bait.
He probably spent all of 2.5 minutes doing some copy and paste, bit of formatting, and publish.
1, 11%? its down 5%, half the stocks on my watch list are down 5% so hardly a plunge, but yea whatever.
2, People what? are now selling today because of fear of dilution of 7,741,935 shares that they got at 8.4p for a 600k loan? They have the shares, the deal was yesterday his logic that people are selling in anticipation of the dilution coming from these shares? The shares are already there, Mint IF they sell will want to sell for as much as they can, unless they are really skint and stuck for cash why on earth would they dump them when they can wait like the rest of us and sell for multiples?
3, Its published by Simon Mugo.... yea.. Start reading his other articles and see what you think:
https://www.asktraders.com/our-contributors/simon-mugo/
And have a look at his posts on linked in:
https://www.linkedin.com/in/simonpkmugo/
why they let random contributors just publish is beyond me, but he is not part of their actual team.