RE: Share Consolidation2 Apr 2022 17:31
Ok, pr? Marketing costs a lot of money, where exactly will they market us? The tabloids? On tv? Who are we marketing to?
First of all the price has spiked historically due contracts/partnerships. The investors that bought then sold probably due to the fact they do this to make money they are not emotionally invested in the company or the story, they may buy again when there is money to be made.
70% of the shares are already in II hands so they won’t sell until they hit their target price or any of the other reasons, like rebalancing a portfolio, so there needs to be news and large volumes changing hands to make this move. The VW news was part of the last raise at 11p and that was oversubscribed, the information is there for everyone to see.
The sector is down as a whole, inflation, war and the pandemic is still here, spending money on marketing to get the share price up for a few PI, I’m sure isn’t really a priority, the company doesn’t need to advertise as all the world leading companies are using/going to use our tech and thats the important thing, saving lives . The SP will get there, its been years, its only a few months now to stick it out.