Simply Wall Street e-mail New Minor Risk3 Nov 2023 10:44
Received this e-mail this morning
New minor risk - Share price stability
The company's share price has been volatile over the past 3 months.
It is more volatile than 75% of British stocks, typically moving 7.4% a week.
This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks.
Currently, the following risks have been identified for the company:
Minor Risks
Currently unprofitable and not forecast to become profitable next year (UK£3.0m net loss next year).
Share price has been volatile over the past 3 months (7.4% average weekly change).
Shareholders have been diluted in the past year (4.5% increase in shares outstanding).
Revenue is less than US$5m (UK£1.7m revenue, or US$2.1m).
I will not be selling as IMHO it will rise !!!