The history of GST would suggest there's no explanation coming from company18 Oct 2024 07:46
Once again, we see people digging around for clues... clues that most investors would think should have been stated by the BoD already. all the way down the line we've been reading posts about 'trusting the BoD', 'they know what they're doing' and 'they'll inform us when they want to'... hence the 'this isn't a leaky ship' and 'they're playing their cards close to their chests'.
the truth of it is the company don't issue news outside of the most obvious statements. but, even then, there's no updates on DSS, on FCA, Bonfirepay, Easysend, Semnet share price issueance... in the past couple of days i've now read that the DSS now isn't relevant, they're moving to other areas of the world for stablecoin, cyber is the new direction, Easysend is an irrelevance, etc.
the fact is, the company plays their own game and the largest shareholders are left guessing what's actually happening.
while i applaud the endeavours, you seem to be constantly making up a future with 'news' that merely froths you up without any direction from the company. the fact that Semnet is now the big news isn't anything like what anyone expected and i wouldn't be surprised to see all the 'research; being red herrings as the company just don't want to tell you what's happening in a way that should satisfy retailers.
so, still applies, trade the sentiment as actual news rarely benefits the holders in a rerating.