RE: If only4 Sep 2019 20:04
I think we are debating at the moment Doggo. Is that not allowed to exchange views or just the positives only?
The SP of FFWD is reflecting the broad economics, the issues of crypto, the risks of cannabis and SP has not realised the future value of life sciences etc.
Market wants to start seeing some results IMO. This is where the immediate problem is exasperated by slower than expected end of year results.
Problem is results might not hold a NAV what is needed to start a rise because of investees own circumstances due to suspension, where they are prior prior to IPO, where they are prior to series funding.
SP is now way, way lower than when Lorne joined.
It can bounce, I hope it will.
September is going to be a key month to see what Lorne does and how he communicates to the market and shareholders.
It may effect NAV a lot. Hope I'm wrong. The drawing out of yearly published accounts and reporting is not helping the immediate SP.
Anyway, tomorrow is another day.