Member Info for Oculusprime

Thanks for the comprehensive reply Tex. Hmmm, I'm in it for the massive upside so let's hope they can begin to right their list of wrongs, get back on track and issue some positive news to bolster investor confidence. I guess only then will we see an uptrend being established and shorts begin to close. I took the last RNS as the first signs of the worm turning here but it just hasn't been enough. Cheers.

Wow, that is some Long term SP graph. It appears indicative of a company about to go to he wall but I don't get the impression the company is about to do that anytime soon. We are now trading at all time lows of November 2006 prices. What is preventing the large short positions from buying back at these all time low prices? Are they seeing something I can't? I am aware of the debt situation but it does appear to be well managed and easily covered by earnings. Hopefully we will see a return to a dividend soon.

The 68% below fair value comes from a simply wall street analysis. Just google simplywallstreet MCRO and you'll get it. It was printed a little while ago however and the SP has gone down since.

For a return of 30% of the proceeds I believe, interesting.

I apologise for my earlier incorrect maths, total brain fade on my part. Article suggests trading at 69% below fair value which equates to 224% upside from here. I'll be happy with that for now. Regards.

324% upside Monty

?? Works out 324% upside on my calculator. Article actually reads "trading at 69.1% below their fair value" which makes more sense.

Appears to be almost exactly the same type of SP action that occurred beginning of October 2019 and had a steady run up until 6th November. Peculiar.

I sincerely hope they aren't being gifted 500k shares at a time that easily to help them to close. Strange goings on.

It hasn't started off too well. Let's hope the bottom has been found this time as I'm in for more. Surely shorts can't have a target much less than this? I suspect the SP is being carefully worked to allow them to begin closing but a holding's RNS required to confirm.