RE: Equity16 Dec 2023 11:40
One needs to have a bit more faith in the very experienced BoD we have, there’s no point in forming a JV that doesn’t bring value to The Company, and our recent Aussie major shareholder was extremely keen to lob in a further £500K to increase his holding, once the IML’s were back in situ. This was quickly followed by other large shareholders.
What we are all aware of however, is how easily, and quickly the SP moves, in both directions, if you don’t like Volatility, then buy a FTSE 100 Company, ( although that still doesn’t guarantee steady share prices).
A few sells and the MM’s know how to play this, market psychology, weak holders, it’s bread & butter to them.
Then the opposite occurs, when this has the ability to move up very strongly indeed.
I’m comfortable to do a deal, start a healthy revenue stream and expand our resource.
Healthy NAV to support this Company.