Member Info for RustinCohle

personally i don't look at an investment's potential based solely on what has gone wrong before, of course it matters as it gives a good idea of how they work...but the investment case 'right now' is that you've got a share here on sale for 17p with nearly 60p worth of cash in the bank. As RED says, cash really is king. All imho.

yes investor's comments will mean a discount to cash should be applied but not this much of a discount lol

you'd be surprised... i bought IRR at 1.7p this time last year, now it's at nearly 30p....and not too much has changed really. They had great assets, backers and financials then just as now. Sometimes things just get missed.

if ever i've seen one. RSI on almost all time intervals is through the floor, technical bounce needed if nothing else!

i can smell the air turning slightly less foul soon :-)

can't believe what i've just read in that trading update

agree with this. I can see the point that was made regarding having to wait for the lost 3 contracts to be made up before real growth in the SP. However i do see a bounce to the mid 200s much sooner, i think we would already be there now if it were not for the AVIVA fund reducing their exposure. I think they may still be scaling down and we will see further tr1 forms in due course confirming this.