RE: Recent article doesn't read well part 15 Sep 2025 08:26
Hi ianlaurence, are you sticking with it and still hopeful of a positive outcome here ? I was reading up on Au Vodka and see that they had very low sales numbers initially, until they started big-time marketing, linking up with celebrities etc. Think NE10 will struggle without millions of marketing spend. Unless they get lucky in the USA. I've always found it fascinating that for example a musician with a minor hit in the UK will continue to struggle financially, whilst a minor hit in the USA sets them up for life. A massive market, but with lots of competitors. NE10 reminds me a bit of EISB - also a main market listed share in the drinks space which went into administration a while ago, despite all the positive spin and twitter/X postings etc.
Not sure what the chances are of them getting big investors on board here, and how the subscription shares at 99% discount would impact their decision. Noted that the CLNs are priced at average share price or based on 500k marketcap I believe.
Ianlaurence would be interesting to hear your honest opinion of the current situation and why you remain a holder - thanks, mxd.