How I see it...15 Apr 2023 08:54
Ah that first cup of tea is always the best!
Putting all the shenanigans around share dealing and detractors and all of the nonsense to one side and just looking at the bare bones of the business it probably doesn't take a financial genius to work out why we are where we are today. The lofty sp of the early days was such because of expectation/anticipation of something potentially very good coming to fruition very soon and that balloon of hope has slowly deflated as those results were not forthcoming , along with the hopes and dreams of so many of the punters who backed it.
Fair enough , that's life , nothing ventured nothing gained.
Apart from one IM of 1.6 million dollars nothing much , at least nothing really tangible , has been achieved. The other 8.4 million dollars Vechain committed to seems to have got lost in the post and as for the other 50 million mentioned? Well , ok , we'll see.
The thing is , we now have PNP up and running and this COULD be the game changer , you might even say the last chance saloon for SYME , let's face it , if they can't make this work for us then where do we go from here?
I am still holding and still hoping and the fact that AZ seems to have put his hand in his pocket to the tune of 925 million quid is no bad thing.
If PNP is going to be the "trigger" and let's hope it will be , I have no idea how long that will take to become apparent in terms of deals done but I would have thought within a few weeks anyway.
I will be sixty years old later this year so if AZ could do something to boost my rather modest pension pot that would be much appreciated, in the meantime I am off to work.
G L A