There will be a lot of PI's that are now only in this stock because they are stuck. We have seen a constant but steady decline over the last couple of months which speaks for its self. I personally wouldn't put another penny into this stock and had I of know that the instor elite were busy playing pirates I would never have considered it. Does anyone wish to have an adult like discussion about the falling SP? It's not the MM's it's falling demand. The fall in demand has not been caused by a few derampers, so why? Why has Eua lost favour with investors? Is it just the time its talking? Will it turn around? Can it bounce? There have been snippets of good news that have cause zero reaction to the SP. If there is negative news at the AGM we will find out just how low we can go. I do think any new potential investors looking at this board will think again. The ones seemingly being positive about this stock are having completely the reverse effect.
obstando - I cringed at your quotes regarding ramping. This is a public BB and a couple of flippant comments off irregular posters does not earn us the label that you are trying to associate us with. To remind yourself of what ramping is might I suggest you swing over to MOS, EUA ect We are an optimistic and friendly bunch with realistic expectations of good returns.
obstando - there is no shocking ramping on here, you are clearly on the wrong board. There is the occasional speculative number thrown out there but it's very tongue in cheek. I have said that I believe everyone will get their money back and then some, including those invested at 27p We all know the SP was driven by hype at the time of the IPO. Amran was simply answering a question, not making a statement. I really don't know why you would take exception to it? We are all red here, some of us are heavily invested and others might not have as many shares but may well be as committed in terms of exposable income. For that reason, the physical number is of little relevance. Your second question answer as follows: @last - the IPO was bought into amid much media and BB hype and as expected the SP reached a peak that was always going to happen - it actually went much higher than 17p despite that being shown as the high (I think it hit 27p). The high is not an indication of where the SP will trade upon product launch- it reflects the amount of buying that occurred in the first few days of trading.
The SP has stabilised around the 7p mark recently and will realistically trade around that level for a while maybe creeping up in anticipation of the next RNS which hopefully spells out the distribution and retail deals. Then the marketing will kick in with product details and announcement of products hitting shelves. Thereafter the market will be awaiting details of sales numbers.
Each of those events should lead to an upward movement but at what sort of level remains to be seen.
This is only the beginning of a long journey so patience is the key
This is spot on and the general consensus of this BB. We are hoping for some upward movement as news is released. Predicting where it will lead is nothing more than a guess.
obstando - there is no need to question Amran or anyone elses holding. It only served to sour your character and obscure the point that you were trying to make. We are very friendly on here, upbeat, and positive. We can sell and walk away but we don't because we believe in this investment. We share in our thoughts which is a far cry from ramping. If you want ramping take a look at EUA, MOS, OEX, 88E, etc there is none of that activity here. We simply believe in the company and put our money where our moth is.
I check in on the OEX ASX price a few times a week and it's rock-solid when our AIM stock bounces around a bit. I know our stock doesn't follow theirs too closely but is the nature of our markets that different.? I didn't think we would drop much bellow .24p while theirs was sat at .4c Does anyone have stock in the ASX?
I second Amran's views, CBX now makes up about 70% of my portfolio but that is increasing. I always advocate to research yourself and not follow others, especially on these boards. Anyone new to investing is easily caught out and we have all been there. Having said that, I know this stock was hyped at IPO (not the company but PI's did it) I have seen nothing but professionalism. We have no rampers or derampers on here and no-nonsense RNS releases to try and spike the SP. The company is financially very stable with a great team and high expectations.
To me it looks like all those that dared to question the SP and were subsequently told to sell up and F/0 are doing exactly that. If you are one of those people that behaved in such a way, take a bow, you have at least managed to influence the SP. It appears the genuine PI's are leaving the building and that is a pity.
Keep going HH, these lot are running out of steam, there's nothing letft in the tank. They will have to ask 'Miss' in the morning if she can think of anything. Google have recorded a 3.91% trading loss today whilst yahoo states a loss of 4.35% for today.
RE: Potential revenue from China clients14 Jun 2021 17:35
EarlofAim - what evidence do you have of revenue growth? Quanta was a customer and are now a partner that has borrowed a large sum of cash from the last placing? With a promise of more. So what is the official line on the relationship with Quanta? Market cap? Surely due a correction? How can they sustain such a market cap? ' Intellectual Property' - which is in no way unique hence the constant changes in direction. The bottom line is, when will the trading figures be released? I am sick to death of hearing all this woolly BS. They should have got RID of ME for his VOX before the placing, instead, they value Crunch at over 1.5 million and buy 49% of it Just in case ME's 33% doesn't give MOS enough leverage. Comments like: 'I agree, this is a of something special here, can't believe investors missing this at this bargain price' Annoy the s@#t out of me.
Babylev - they are what they are, unfortunately, and I keep having to remind myself that they don't represent the company. I pop on here from time to time to see if anyone has any useful information to share but alas, it is lost in all the dribble , good luck