RE: Down 50% in 5 days10 Oct 2023 11:59
The Company isn’t making any money, the MCap is still way too high.
Kit Law’s Company sold 11 million shares at 20p last year, that should be a Red Flag 🚩 in itself.
IPO at 6.2p and no traction since, unless you call 8 CatchAR clients and ‘potentially’ 40 MasterCard users by 31st December 2024 traction.
Back to 4p I reckon.