RE: Charging rates ?26 Jul 2024 07:57
There's no arguing with the philosophy. that's obvious. your question needs to be 'if that argument holds true has this share been a poor investment until 2025?'
just to remind every optimistic poster, the sp has now halved in 3 months, in spite of all the 'pillars' and in spite of all the 'positives' announced by the BoD.
it may well be that 0.67 is finally the price everyone 'should' have bought in, instead of all the prices in 2024 so far. but the point made is that a lot (probably all) holders are pretty much in the red now and some will be needing a bagger just to get to evens.
atm, though, sentiment is that GST has been a poor investment to hold and, atm other than getting in cheap and holding until... whenever, there's not much specifically in the dates, other than November (and even that is still moot) and the next interims that will encourage buyers in.
beyond that there's just the hope that they will drop a surprise rns about, say... Bonfirepay. but as we have no clue as to how quickly their licence will talke to obtain, holding is more amatter of opportunists getting in on this low, holding because one can't afford the paperloss or not being knowledgeable enough about another share to risk selling here to take on another share!
so, accretive, yes, but when will he new buyers start coming in? pr and podcast interviews would certainly help but company don't seem interested in promoting themselves to make the point that current sp is v cheap!