KOOVS - 18th APR 201830 Apr 2019 18:06
PAUL SCOTT said...
My opinion - as regulars know, I've been consistently negative about this share, based on its lamentable financial track record. It's sad to see Lord Alli throwing more & more money at a concept that has failed to get off the ground.
In 5 years it has failed to generate meaningful sales, and has incurred heavy losses every year. At some point, sadly, it's just necessary to admit defeat, and pull the plug. I think there's a very high likelihood that we're nearing the end game. However, the company has almost gone bust before, and new funding was found, so who knows?
Existing shares are extremely risky, with a very high likelihood of a 100% loss. Hence this one comes with massive risk warnings, it's for gamblers only, at this stage.
https://www.stockopedia.com/content/small-cap-value-report-wed-18-apr-2018-igr-vnet-ancr-sys1-koov-354423/