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Yes read the RNS. Anticipated contract sign, anticipated revenues for 2022, this is all hollow and based around no facts or susbtance. I run a business and I know at least a part of what my turnover will be next year based around work that has gone into place to set this up and real contracts. To seerevenues (not profit mind) drop from over 3 million to what 300k in 8 weeks or so shows that there financial forecasting is at best amateurish and no way to run a business . Instead of running around like a headless chicken setting so called deals up in the Middle East USA , talk of Nasdaq etc maybe they should have done what most businesses do is identify a market and build and consolidate rather than grandios day a world domination. I’VE held shares here for 18 months and am way down from my average of .48 and to see people still banging on about top ups and hold for gold need to get a dose of reality. This was always a punt and I hunk it’s time people realise that this is probably one they have lost. Put what shares you have in the bottom drawer and forget about them and ignore hose that go on about tree shakes bed Wettner’s as hey are as pathetic as those at the her end of the spectrum
And how would you expect to pay for this?? Last time I looked our revenue isnt even enough to keep the lights on what we have at the moment. Rather than keep borrowing money why not try and make what you have a going concern. Which at present is not happening as we are operating on borrowed money with to be honest quite paltry revenues and even less profit which is pretty much non existent. I am a long time holder who is way down on my investment and the way this is in my eyes is it has a 50 50 chance of making it, which makes it purely a punt which may come good with decent returns. spending 10 million quid you dont have buying even more companies aint going to cut it right now
Go ahead and put yourself in debt up to the eyeballs and go all in if you are that confident then. unsubstantiated ramping carp. Really you going to the moon, great time to buy at this price, its going to explode, news any day brigade are just a bad as the deramping brigade. FFS I joined this group last year to learn from people who have been in this game longer than me (all points of view, ideas) which there are a few but my god a large chunk of posters on here are pathetic and a mian reason i dont post very often. Rant over :)
Thanks earache, appreciated
Hi guys, looking at UK SPAC there seems to be 2 companies. Which one is the main trading entity and is one just a parent company? Thanks in advance
Hilarious that people sell on the basis that a multinational company pull the plug (or hemo were to greedy) on a deal that would have secured finances and have a juggernaut behind you to push forward development. Which as it stands leaves £48mill left available to develop what 4 different opportunities which ultimately ends up in quite a significant share dilution. Give your head a wobble man.
The main worry is that if the EU dont get their act together. Its one thing for flying to start on the 17th May but for European travel who is to say irrespective of whether various countries will welcome Brits back in will the UK government actually allow us to fly there or their citizens to fly into the UK, particularly if covid is still rampant on the continent
To be honest they can stay suspended until new news is due as far as im concerned. Coming out of suspension with no more news from the day suspension started will only mean at best the share will stay put or more likely drop.
I'm afraid that what is basically a share dilution for a cash injection this share is only going to slowly decline unless something pretty spectacular news is released. Until then down it goes in my opinion, which as I am in at 8.5P is not what I want to see, but is reality im afraid
Whilst I am a LTh I’d like to ask what you have read or found out 5at suggests that this will go on a bull run. There has been nothing new come through in weeks apart from generic remarks about captive banks. This to me is a punt and hopefully once real news comes through rather than vagueness then maybe the share price will move in the right direction
@dufry. I’m invested in syme as well and the amount of filters I had to put n was ridiculous, peace being one of the first. The £1 party lol. Didn’t go down too well when someone pointed out the share would have to go up 200 fold in a year to hit that. Bit more civilised in here