Am I paranoid?11 May 2020 11:57
Despite all bullish news , a great Q1 report, Investor Chronicle tip, SPAngel price estimate, SA Government encouragement of circs for mini-grids and positive news re up-coming use of VRFBs, notwithstanding this morning's slightly disappointing uptick, our share price still languishes. Rich Ken regularly summarises our strengths better than me.
People say crooked market, bent MMs etc but every time there is a slight rise , suddenly great dollops of shares 100000 or 50000 or 30000 at a time appear.
Seems to me someone somewhere has an agenda to try to keep the price well below true value.
Is someone funding losses for this purpose with the intent of a sub-value takeover offer being brewed? Expensive game it might prove here, but individuals lose patience with underperformance if softened up for long enough.
I feel the true value of my investment is being threatened by someone with an ulterior motive.
So , I say to holders hold on and refuse to sell as ultimately your reward will come , hopefully at the expense of whoever is trying to hold us down.
Back to title!
KN