TW39 Jun 2018 00:45
For the more elder shareholders of Sound - That Was The Week That Was (TW3).
After the droughts of droughts for RNSs ( worse than the 7 plagues), we get 5 from 5, what a stonking result.
Yep, the more cynical could question the "control" of the release of the news - but what the hell, it is just what the long term holders (sufferers) deserve at this point in time.
The pieces on the chess board are being positioned for the build up to the final checkmate.
IMO, the weight behind the "big 5" did not get the sp increase that they deserved. There will be daytraders who cashed out on Friday pm, but there appears to be a headwind against the sp in the form of CIP shares being cashed in on each RNS induced rise in sp.
Need to weather the storm for a few days I think, but the build up to the BOT & GSA being released should see the residual CIP sellers off, and then we can move on in terms of sp.
On reflection,of past events, it is a sad state of affairs for genuine exploration, research driven or tech development companies on AIM that must endure the vile, derogatory attacks (organised or otherwise) during a news drought period, based on molehills of negativism that are then built into mountains of fear, that undermines the shareholders original research and faith in a company.
The fear is understandable because of the track record of many "lifestyle" companies that have come and gone, or still here on AIM, and shareholders don't want to be left with worthless shares and sell, based on the scurrilous claims of a few immoral individuals.
However, it appears Sound has endured that period and is looking to a bright future, not nailed on, but with a fair wind should reach its designed destination.
JP and team have been doing a sterling job, in lining up the chess pieces, for the final move, and I'm still looking forward to the release of what Luca has been working on.
Who would bet against a 6th RNS on Monday ????