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They're taking control of the company for the benefit and best interests of the company's creditors -- not your interests. This is the Alternative Investment Market, you'll get bugga all.
I was here about a year ago and bought an armful at 20something pence and sold out at 55p (too early because it went higher). What I made back then could buy millions of shares now, which is insane. What the hell has happened…As for making money here now, my confidence has been completely shattered in AIM and I wouldn’t touch this, even for a tenner, but some here have got bigger b@llz than me, clearly. Best of luck.
In the current global civil unrest/war climate, you will be better off buying physical gold and tangible assets. A lot of these AIM minnow shares are going nowhere -- during this decade anyway.
I dread to think what is coming in 6 months time. I made a howler by investing here and bailed over the last 5 working days in 3 sells totalling a 33% loss. I made almost 30% in ACP a few years ago, so I guess there's some kind of symmetrical just desserts here.
If it closes at or above 0.775 today then I think you are probably correct. I've only been in this share for a short time and I'm already nearly 20 per cent down.
Perhaps September will bring you some good cheer. I was in this company when it had a gold play, doubling my money -- god knows how many years ago that was now. I've decided to accumulate a million or two. Hopefully I won't lose my sanity doing it.
Huge payrises, a gigantic debt pile, a recession coming in 2024 and the prospect of another global lockdown in the near-future in the form of international war. IAG has all their ducks lined up, except the ducks are all armed and will be aiming at them.
The tea-leaves are telling me almost thruppence by mid to late September.
Will they eventually do the same for their UK and European employees when the war spreads?
This SP should be interesting to observe in the coming year. Are they out of pink paint yet?
Going up on anticipation, chart exuberance and the advice of Mr 'Oracle' Mir. Some punters think graphene cement is going to make the company billions. I was in VRS for years and sold out at 90p. Got in again recently at 1.5p but it's just a punt as I don't expect this company to go to the moon and back in the next year or two.