RE: Plenty of Buying, including Directors29 Oct 2020 13:14
HH,
How much profit do you expect BOOM to be making and how quickly will it rise?
Many tech companies do become more valuable as they become profitable, obviously.
The concern with BOOM is that it's cost of sales vs revenue seem closely linked, hence it is yet to be seen how scalable the business is.
They have had some great growth yet the only offer to but the company is based on a rumour by someone on ADVFN who has now sold by all accounts. What does that tell you?
You seem very blinkered.
I have been here for a long time, way more than most, believe me, I have often felt bullish, yet nothing happens.
Unless Q4 shows a vast change and clear path to making some cash I will be gone for good.