RE: More removed posts??7 Dec 2022 21:31
RockyRider asks "so why isn't this booming?" and it is a perfectly reasonable question , I only wish I could provide you with a well reasoned and lucid answer! All I can say is AZ still has a few more burning hoops to jump through before the drum roll finally stops and the rabbit comes out of the hat , not that I necessarily think there will be any such cathartic moment , a slow burn will do just nicely thanks. Perhaps it has something to do with the sheer ambition and complexity of the proposition that makes it's progress so laboured , bare in mind that financial and accounting legislation is not a sitting duck it's a moving target and goalposts can be moved and not necessarily in SYMES favour , I speak in broad terms because I am not qualified to comment on the minutiae of such things.
So far as breaking even is concerned there is something of a catch 22 situation here.
At the moment there are probably quite a lot of invested who would be quite happy to take their money and run IF they could get back to break even or anywhere near it , however , if we ever get back to break even we will have had to have seen some significant and positive progress/news in order to get us there and , that being the case , investors who may be somewhat frustrated and doubtful now will have cause to rethink and will perhaps decide to hold on a little longer.
I am Luke warm on SYME , I have always been Luke warm on SYME , I am still Like warm on SYME , I continue to hold with no time span in mind and no sp target set , just wait and see and hope for things to come good.
It was somewhat of a boon to see SYME recently secure a one million euro loan from an Italian bank, not proof positive but definitely a positive , none the less.
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