RE: Good look for new investors!10 Oct 2024 08:56
To me, what is v clear is that 2 x annual reporting is insufficient to keep the sp level on no news.
while it was 'nice' to read about Semnet contract that was 'worth' 7 x previous total revenue for the year, no new contracts have been announced. their reporting really is very arbitrary.
now, either it causes dips in the sp which are then significantly boosted by the next news or it suggests the sp isn't really due a rerate. but it's pretty damned accurate to say the company don't care about a volatile sp and, in fact, encourage wild fluctuations when the news does come in.
it's a shabby affair, really and, tbf, works well for traders but not nec. for lthers. 0.65 level can't be blamed on 'trolling'. but every holder here can't blame the company because they've thrown their lot in with them so have to look elsewhere to blame.
but the total absence of info is really to blame. company 'could' have given holders info about why they selected Bonfirepay... they 'could' give ongoing updates on Easysend progress, they 'could' advertise growing revenue on their platforms, they 'could' offer forward guidance between updates.
but they don't so you have to work with that policy! don't blame the posters who point out these deficiencies and stop wasting your time attacking each other on this bb as the company don't read this. post on their social media... the 60 angry posts written in here would have been better posted on linkedin or twitter!