RE: God, I wish3 Jun 2025 14:03
Hello there, yes of course I mean 5 pence, this is what I foresee, without of course be 100% sure but from experience that is a classical example of bump and dump. It doesn't matter what the company has, it matters if they make profit or not, at the moment they make nothing and I presume they will not make any profit over the next 5 years until to unfold their assets and sell them. That means borrowing money, then dilution etc. The share pruce will eventually drift down. On the other hand as I wrote just follow the chart, it was clearly shown that at 50 pence you should get out or short it and wait. It has hit the resistance level followed by a big red candle, then the dowtrend started.