RE: Anyone taking up the offer?2 Jan 2025 05:52
I am not saying there is no personal responsibility for people investing here and remaining invested till now (see below), but the management did intensionally mislead on several occasions and they should be held responsible for that (together with their minions here, Ghia did say on several occasions that he spoke with RM directly and even discussed acquiring "assets" from sng), it isn't about recovering funds lost (though who knows, maybe some of that may be recovered from Sir "we know it works" Colgate and RM's fortunes made here), it is about justice.
"RE: Reaching a target price of 15 to 17p13 Sep 2022 10:46
Billy
Assuming your average is £1, the only thing certain is that you can recover about 20% of your initial investment now. A year from now you may be able to recover 0-5% or maybe 50% or more. We are all guessing here and I for one have never pretended to be any sort of expert in finance. Don't get carried away by people here fooling themselves they understand the science (or the finance part for the vast majority here).
The idea that you will most likely eventually recover more of your investment is fantasy. Ghia doesn't know that, nobody does. Maybe you decide to wait it out and there is nothing wrong with that, but in my view don't do it with the false assumption that recovery is more likely than further decline."