RE: 95411 Jul 2023 06:42
I will reply only once as it’s pointless to keep going over the same ground and serves no purpose to keep making the same points .
I’ve never actually made any claims about what the sp will be because no one knows - those like yourself who keep predicting no news and sp will go down are just as bad as the so called rampers ,
With regards to nothing has materialised - we have had 3 IMs and the pipelines are real , you along with everyone else know we are waiting on further IMs and need further revenue generated before we move north - stating the obvious here we are all aware of what is needed and I along with others believe it will come albeit much slower than we expected or hoped for , personally I’ve been fortunate/lucky as in I did not have the money to throw in at the start and have built my holding over the last 3 yrs - as a result my average is .15 so I’ve recently seen profit and I’m not that far off reaching my average , I understand for some who haven’t been able to average down it must be concerning and they may well feel trapped and locked in - but rather than make them feel worse and possibly affecting their mental health I choose to support them and not drive them down any further - it’s not nice to keep repeating the negatives when people are sitting on paper losses - we are all fully aware of the negatives as you keep reminding us and it’s only fair and balanced to remind ourselves of the positives .
We chose to invest in a penny start up fintech company that has the potential to do really well , a company that passionately believes they have found a solution for a decades old problem facing SMEs to access funds previously denied - a $multi trillion untapped market globally - I believe the team are working very hard to deliver and that they are a talented team with proven track records .
The only right and wrongs on this bb are the wrong doings of those who continually bash the company and have done so from the very start trying to ruin a company before it’s even got started , it’s ok to have a pop at the company and share opinions but to then drive those opinions as fact is plain wrong and misleading - I’ve stated on many occasions this is a 3 year hold from 1st IM for me personally it’s at that point I’ll decide if I’ve been right or wrong and if I wish to continue or sell up - I believe in the model but also accept it’s been difficult to get funders to throw tens of millions in , I accept it’s a market disruptor and banks are not usually 1st movers - I believe it will come and we have started to service the market albeit with low ticket values - you are entitled to think otherwise .
This bb has gone really quiet of late possibly down to investor fatigue or the detractors spoiling any chance of reasonable debate/ discussion - there’s barely 30 posts a day and most are not worth reading this post is included in that statement 😂
So for me personally I will stick with my orig
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