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Am I deluded thinking that now the shares have all been placed the price should recover, based on the fact that the company has some innovative tech?
"Rogerstone Powerstation was about 5 miles away was blown up and is now a valuable housing estate."
Now that is a good idea. Blow it up and build a GREEN housing project, powered by turbines in the river Usk and or the Seven estuary.
Or maybe a good time to add and average down....
Hi Jollyspeculator,
I suppose that your comments were addressed to me....
>why significant upside?
Because the technology they have is innovative. Assuming it actually works.
>what has the current management team achieved to justify confidence they will execute any plan to take this to safety of fcf positive?
None that I know of... yet. This is a speculative investment which is why I have only invested 1% of my funds here. If the shares rise for any valid or invalid reasons I will skim some profit and hold the rest.
Maybe the few people (13 trades today) who are buying small amounts (less than £1000) are betting that there will be a (significant) upside after the new shares land.
That's why I bought in....
Hargreaves Lansdown allowed it at 1.5....
It's working a treat.. SP now down 7% !!!!
Thanks 2phevs,
I have done the same..
I can't hurt, unless of course I sell too early and miss some massive profits....
Does this actually work??