£24m on VLrm. Anyone know what the number is for WSBN. The chat there is eerily similar to the chat here. Lots of pumping, people speaking out and getting shot down and a share price in the toilet
Shareholder value when it’s £24m in the hole? Going to need a 100bagger not a 10bagger to even get close. Still shocked people are buying this even at this price wtaf?!
Agreed. Whilst all the numbers look good this share will languish at 30p until there is some clarification from the company and better comms generally as to what comes next.
The most recent analyst note has them at £20.8m and £8m ebitda. Assuming the are capitalising costs to the same level in H2 that would imply £3.4m ish off the ebitda for net profit putting them at £4.6m
Was hoping for a trading update rather than a contract win announcement that kicks in FY24 but good news nonetheless. Hopefully the trading update will come out this week too
I think they’ve demonstrated pretty effectively time and time again they will just shift the narrative to some other ephemeral, loosely related pivot and the followers/fans whatever you call them on these social media/telegram driven investment “opportunities” will start using that to recruit new investors.
In the most recent annual reports both VlRM and Wishbone had zero revenue but RP took out something like £300-£400 k in fees and expenses (can’t remember the exact number but was something like that).
Why on earth would you buy any of this turd at any price? I presume you’re just looking to trade based in the mugs being sold a p&d on the telegram group and catching a rise in which case it makes sense?