down down down?6 Aug 2020 12:54
This is down around 40 percent in 3 months. The technology seems to have a very profitable future but many thought that some years ago and there is no serious free cash flow, so dividends still seem to be years away.
I am tempted on a trade before the results come out but cannot see the bottom... No good trying to buy before a spike to end up holding a share that just keeps dropping in the meantime as the upswing rewards just fade away. Despite the price being on a downward trajectory my broker never wants to offer much stock in one go [often only in the £5k to £10k range] - if the Market Makers are holding little stock this seems primed to shoot up if / when demand returns.
Timing is everything to me with shares not producing free cash flow and, as a wise one pointed out to me, this is hardly a share that is going to attract a 'mom and pop' investor as the science is a bit esoteric.