RNS was a polite warning of the sinking ship. Over the next quarter, chances are it will slowly drift to 0.1p except in the unlikely event of permitting.
We might not agree with him(rightly so) but if I took his ‘deramping advice’ in May, I would have had opportunity to sell at 1.15p. In this game- you never know where helps comes from. I listened and believed foward looking posts-here I am nursing 40% wound (and that’s after averaging down). Have learnt a lesson.
Puddy:Thanks to ffr. Meals on the wheels Snug in my Council flat 17th floor Thanks to you(tax payers) That’s the life I was handed for putting my eggs in FRR. I used to be time conscious , now sunday or monday makes no difference as I hold tightly to my 2L apple cider.
FRR has revenue of 2.7m and reserves estimated at over $1bn. I guess what matters is what you’re currently producing. AST is doing well given circumstances
Revenue 2.7m in 2017, less operational costs, less huge wages. What will be left? Seems FRR will always remain in the ‘proof of concept’ stage. Not holding but may jump in at the right speculative price.
The purpose of AIM is to get as much funds from PIs than the actual production lines. So as a private investor be aware that directors rely on your deposits to run and maintain these insolvent ideas-the so called AIM companies.