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I am not convinced VELA have sold the shares. It would have been a material event and should have been included in todays RNS, given one has been done. I can't beleive we are still in the depths of despair, in terms of MCAP, considering CDT is currently trading ar $6.64 at the time of posting this.
Pure guesswork, but the Italian PNP is 6 months old this Friday. Could that be the day for the WL RNS? Is that too soon for an interpretation of the word imminent? Am I clutching at hope in the turbulent sea of negativity that is this BB?
You know, I am not that confident of seeing 0.6 ever again. There are so many of us that are simply tired of inadequate direction. It would take a reall "something" to get me inspired in this share again. I say all this despite still holding about 14m shares.
Skid35, it would be nice if you could communicate without a derogatory and belligerent overtone. Others might then take into consideration what you say, of which seems logical and sound, other than the tone.
You can argue that "the customer" may or may not have done given the due diligence that suppliers can and will be subject to.
It is easy to accept an order. Being able to deliver, that is the most important issue. Often more important than price in many contracts because of consequences of late or non delivery.
In my opinion, it is reasonable to assume that due diligence has been done by "the customer" and that they will be privvy to information that none of us will or should be able to access.
Equally it could be one big red herring, but I suspect not. The clues are often there for all to see.
SYME only really needs to reach about 0.5p per share to reach its peak. The highest share price attained was £1.1 but that was with about 30bn od shares . Now the volume of shares has more than doubled to 61bn. The MCAP is currently £50m, at 0.08p. At 0.5p it is around £312mn.
I made my first investment in this in 2020. Slowly acquired more and more over the last 3 years. Not "mad stacks" but just enough to make a difference if "she blows." This being said I have learned to appreciate these message boards as they can be full of dross, in the main, with the odd occassional pearl of wisdom here and there.
Will SYME make it, I would love it to, as it has trapped a large number of inexperienced investors / gamblers, but do I think or worry about it every day. No I certainly do not.
"IMHO"