The case for a positive overview14 Oct 2023 12:12
Having done a deep dive I’m very happy (actually I will be buying more next week) should’ve bought more on the lightning drop. I’m now wondering if this sell was actually MM targeting a stop as they had little stock ever available in any sort of volume since the last RNS. No matter but I think despite the numerous posts by the three musketeers on here who clearly are spreadbetting here because it’s relentless bull. Yes we need some good updates but we’ve got many irons in quite a few global fires along with massive potential to pick up from the scraped bottom we find ourselves on. The business model is actually very robust and to be fair to JD he really was innovative with a hell of a lot of foresight in setting this up. I note they’re also actively looking for more staff too. This sector now very much in a growth period and particularly Middle East/Asia has seen a lot of lucrative buy outs and takeovers. Our ii significant shareholders are seemingly staying the course with us. All in all I’m not sure we could get a better entry price and I fully expect some better news re new contracts, partnership brand deals especially in US/Middle East and an update on the 1.6 million we are owed too. As much as the naysayers have dominated this board relentlessly for their own agenda I think it’s high time we weighed up the large positives of the business here and realise this is now not only oversold but undervalued. The clowns Roley, Girdz Helx Cambridge et al now need to wind their necks in and look at their own positions and close. IMHO GLA DYOR
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