RE: 0.55p to sell5 Nov 2024 16:09
Fine for trading (well, except the exceptional dogs, like this one, perhaps, lol). But agree with you, insofar as investing in AIM goes.
Anyway, over a few tranches and a little time, I have now freed myself from my last AIM investment.
Possibly having saved the worst till last, albeit this one has not gone bust yet, so to be confirmed on that front of course.
If this one comes good, then it might be the biggest surprise of my life. Certainly as far as the stock market stuff goes.
This continues to give the impression of a BOD that is eeking out every last penny of cash in the bank.
I guess they will try to get another raise away before then, but whether anyone would be willing to support this lot with even some pocket change, is another matter.
The lack of...well anything, for months now, and not a fresh deal in sight (let alone a conclusion on Stal) really underpins this negative view, IMO.
Interesting work for the scientists, I have no doubt, but that is as far as it goes.
Given BOD salaries in this space, and given the lack of anything commercial spanning many years now, it is an absolute joke.
But I wish those remaining good fortune. I will no doubt look in from time to time, until the day where they either actually do something that is financially positive, or are unable to keep the lights on.
One will generate my sincere congratulations, one, my commiserations. TTFN.