RE: VAST Video10 Feb 2021 15:29
Tweets, hmmm. It's RNS's that move markets!
Before you all pile in here I bought 1/2M shares at 0.17p and watched them go to 0.27p thinking that FINALLY Vast had turned a corner. But nope.
Yesterday I toyed with the idea of averaging down here but quickly came to my senses and this nothing video confirms I made the right choice. It's nothing more than a scrap thrown off the table to keep the peasants distracted while planning the next ruinous placement.
The BIG problem here is that the BoD simply are not trusted, and for good reason. I think that's evident in the bank lending deal falling through. The banks didn't trust either. Investors here are always fearing the next placing further diluting an already diluted to death share. With the right BoD this could fly and be a moneymaker.
This looks more and more like a lifestyle company every passing day and one that has/is costing me money. If it ever comes good I think it will be with a new BoD that tier 1 banks feel confident to lend to. At 0.17p I'm out of here and won't be looking back. Too many echoes of what happened at AAOG.