RE: Never in doubt11 Sep 2024 15:59
Unimaginative:
I am in the red, I don’t think most of us are in profit
I’m not bitter, I’m frustrated at how these deals always seem to prefer institutional investors and leave the private investors to fight over scraps
This was always a risky investment and I did manage to slice some profits on the last run up but the remainder of my holding is down.
This now goes 1 of two ways: stop losses get taken out and the SP drops to silly levels (2-3p) or it spikes to circa 6-7p on buying pressure
However, even at those levels it’s not a sensible investment anymore
PE ratio -11 (for now)
No revenue until 2026/27
Dilution and potentially further raises to follow
Happy to watch from the sidelines for now
I would however, just comment for the newbies: beware of the echo chamber in here. Most of those commenting are also hurting and want out.
Some obviously are decent people