RE: India Booming!11 Sep 2018 21:06
Bloodshot, being new to Koovs, you have to understand why longer term holders who have had dealings with the company have an axe to grind. Since IPO 4 years ago, Investors have seen the share price go from 150p to 5p, all the while the CEO MARY TURNER painted a rosy picture over the last two years. Unfortunately the share price rarely lies. They mislead shareholders last year by not releasing a trading statement until 9 months into the Financial year- which was shocking! Then for nearly a year stated they were in advanced negotiations for a fundraise, to then sell off a chunk of the company for 10p a share.
There is undoubted potential in India, but unfortunately, the only thing Mary Turner has proven is her flawed business model.
Just read the last rns & all the waffle & BS it contained. The market wanted numbers. They didn't even bother with a forward moving statement. Which is why we're hovering at the 10p level.
Will the idiots that run this company ever learn?