RE: Calculations and projections14 Feb 2024 13:55
Im sorry, but that ship has sailed. I hold 16m shares and have for a long time. Projections of 1.7p banded around.. then the tickertape parade at mates rates, then drilling the hole with a Mcdonalds straw. Delay after delay has put the sp at rock bottom, where many traders now hold a position.
So any hint of news will probably walk the sp up to .2 maybe, where the traders can double down, then shake after shake will drop it down to similar levels. This will be repeated as long as possible until sentiment has gone and lths still hold the bag. They know many are trapped underwater and will keep it low to keep you there.
Flippers will be rubbing their hands in glee..
.2 will give me a return, but nothing like what i estimated before the last few months merry go round. Love to be proved wrong, but you can all see the daily pattern on many shares now. Massive rises, dropping to level or even red at end of day.