Member Info for mrcautious

I was in a similar situation (cash wise) to yourself, my only comment is the opposite of what you said, I was a very early invester in EMH with some respectably cheap shares (but also some spiky ones !).
I think BCN will come good before EMH which I think is more shakey. Both are dilluted by sell outs but I feel BCN is the neater simpler project. I still hope EMH will come good as I have about £10K in there but thats just my view..

You may be right Gritster, but lets not forget it wasnt that long ago that 10P was a mean price around which it fluctuated...

They are using changes in the spread to give the illusion of an increasing price even, on HL today the bid is 50p but an increase of 8.7% is shown EH !!

Maybe when they have finished dumping and re-buying shares amongst their families it may come good, but so far as soon as it gets arounf the 10 or 11p mark they do something insane, like take on more debt or just screw something up and down it goes again. Given what seems to be their strategy there will come a day when they want their payday, but none of us have any idea as to when this will be (there are some on this board who will claim to know).

Looks like a tree shake I can sell almost as many as I want....

This just goes to prove this share is not to be trusted and its management also are not to be trusted, its a never ending saga of wishful research and planned disappointments by the management..

Dallas - this is all fair comment I agree. When I first started dabbling in AIM in about 2012 I hadnt realised how structured AIM was for trading and not investing. I am not really a trader but during this plague outbreak I have done loads of trading as its been so easy !

Dallas - fair comment, yes the marketplace is important but none of us knew how long it would take for the Li market to get going. But I still say that anyone feeling they can truly research AIM stocks is largely deluding themselves. CASP is a good example, there are people on that board who claim to almost know the names of all the oil rig workers, but still they have not been able to predict any of the twists, screw-ups and dodgy deals of the company...

Or the proverb - everything comes to those who are so far down they cant afford to sell !

Another week another load of nothingness !

Even the ramping crew have run out of ideas !

I had a message from Hargreaves Lansdown about the erratic performance of oil ETF's and in short it said that as the market is so volatile the ETF prices are based upon the price of future contracts expiring which are often at present well below the oil spot price. So that said, if the oil prices start to stabilise with demand increase this should start to perform more inline with its stated aim, so at the moment it is hard to accurately predict what the ETF will do until this time is reached.

Also I find it incredible to apportion the blame to me for the dire performance of this share and its board -- you all should have taken my advice a long time ago and called for an EGM to remove KM from the board, and other company run by sane people would see this would help...

Degsie - you are probably right, and I can assure you I have spent a lot of cash on these shares I just think AIM is a scam thatb should be ended. I hold on to my shares as I am so underwater it makes little difference, and in the insane hope this might go somewhere...

Dallas normally I would agree 100% on the research front as you should never buy any share without it, but the reality is on AIM it is of little use. There are dozens of people on this and other boards that with the best will in the world though they had done tons of research, but AIM boards never let you know the true picture of whats going on. On other AIM boards I see what looks like fantastic intell on shares and still they spike and tumble....

Before I retired I worked in a senior sales role for a competitor of Capita. I also knew a couple of people who went over to them. And yes I tend to agree, it is a carpy company to work for with poor senior management. CAPITA is good at winning outsorcing deals but most of them are loss-making which is WHY they win !

Just watched this vid, it says nothing more than the rampy waffle we have been seeing on these boards for years. We know logically it must be true that lithium will be in high demand, but the counterpoint is we've been hearing this for many years now and we still have a share price around 1/8 of where it has been !

I have been here for around this time and remember so clearly the hype. Since then I have looked at many AIM stocks some that have a 'David Koresh' (remember him) style level of following, eg UKOG. But all of these AIM junior oilers and miners follow almost exactly the same course it actually uncanny -- Float at tiny cash, Hype and then a 100's of % rise followed by a sharp drop and then a decline for many years back to the tiny cash price or below. Along the way there are maybe several name changes and also probably a re-indexing of the shares - both designed to mask the poor performance to prospective new shareholders.
Also, none of these companies can ever raise finance from anybody without dilution and rarely get institutional interest unless its to buy bargain-basement placement shares.
AIM is a real sewer and if it was a CASINO it would probably be raided and closed down !
AIM is a sewer inhabited by so called businessmen who have either been kicked out of mainstream exec positions or realise how easy it is to start an AIM co and fleece PI's with no fears of any legal redress. The list of guilty parties is endless - SOU/KOD/BZM(went bust with none of the value that was touted)/UKOG/EMH(at the moment) and of course KDNC.
I would love to know how much these directors read or use these boards as they do influence people in spite of what people think, which IMO is why on almost every AIM BB there is a small crew of 'cheerleaders' who never waver in support of each particular stock.
I am trying to extract myself from AIM as soon as is reasonable but have been trading, (not usually my style) main market shares and ETF's fairly successfully I would urge many of you to reflect on all of this as if I could save one person a few grand I would have achieved something !

Surprised people are still talking about this pile of manure, I bailed out at a loss at multiples of the current price, this was a stylish con by a ruthless guy who had nothing to lose and didnt have to do anything illegal to get peoples cash !

Cant make my mind up whether I would like to wait and see if this share ever amounts to anything, or whether I would just like the BOD locked up for a few years !