Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
He,they are muggers to us share holders,but they provide life support to the company...unfortunately those kind of wanga loans are involved with most companies on Aim,and are the only source of funds for companies with no other revenu as such they make the most of their cash,can you blame them???
Agree. Realistically we need more than just a director/s buy RNS....YET,like I have said before,I will keep buying tranches below 30p when funds available with a long term holding in mind....if certain things will go our way the current price could prove to be once in a lifetime opportunity,but as it is for now its still a BIG IF....
3 years are long time if you don't have any revenue....this why the Sp is where it is now,and can go even lower...HOWEVER, successful tests of the LIGHT machine will be enough to create a big jump here,and hopefully this news can come anytime within the next 12 months...Ia rather be in when that happens,this is realistically our best shouts for the medium term.
None of this myself... Realistic,yes. ,Obviously with the update time scale this is now long term play...picking up shares below 30p is a reasonable price for me.....I am well aware that the price can still go further down from the current one,and if it does then I will buy more cheaper....bear in mind that certain possible news can also make the current price to rocket...GL to all with whatever your choice is.
Thanks for your information mate....I used to have much bigger holding here but because the reasons you said I decided to cut my losses and sold most of my holding...HOWEVER, I kept small pot,and decided to add few every time the price drop below 30p with a view to hold for the long term as I do believe that the technology of the LIGHT machine will be a game change... I am very much aware of the risk involved with the finance situation and as such I am only invest what I can afford to lose...Yet,I feel that one day this will be very rewarding ATB.
Most of the negative posters here have an agenda....and most of those most want to buy in the right price....what is right is down to individual choice...but I agree,this price is unlikely to rise much for the time being.
Positive. This new loan arrangement is much better than the previous one....that means they still manage to raise funds on a more favourable terms....this company is very capable to fight back if the technology prove to be successful...I sincerely hopes it's the case.