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Yes i agree, but those of us who bought after the suspension, knew exactly what we were getting into ,so i wouldn’t quite describe it as alarming.. I’m taking more interest in this share as similarly it is weighing me down. I agree there needs to be a cull and it needs to happen sharpish for the outgoings to balance out, but nothing else comes as much of a surprise. I believe that the mammoth task taken on was underestimated, mainly due to wider issues aswell, but certainly not out of reach! so as long as we are continually informed of the progress I do not have a problem with that and it will be interesting to see how they continue to claw out of this hole.
this is the reality .these absolute ******s should be hung drawn and quartered for pumping and dumping this stock . this was one of the biggest plain sight fraud cases i have seen .im sorry for anyone that got burnt here. i tried to make a post on social media warning people but it just seemed that too many people were blind sided to pay much attention.i hope you manage to re coup some of your losses.
Yes In all honesty I hope i am right too…I’m in the red too now( although not as much as others from wandisco days) and it is a little frustrating seeing other places I have invested doing great and this one not so,so a lot of what ifs! But I’m willing to wait this one out and I do believe we will be rewarded..so 🤞🤞
Also ,just before the shares were suspended,the shares were flying,which indicates that this must a desirable product,regardless of the irregularities,there was still interest..( obviously not quite as much much as thought) but I believe it’s just a case of building back up that trust again..I’m sure if anyone can do it,it will be Mr Kelly,he’s been pretty transparent so far so going in the right direction albeit slowly.
So the irregularities were discovered in march / April 2023 and there was that massive drop in SP and suspension.Then Stephen Kelly took over in May 23 ( not 23) so he’s building this back up.. hopefully
Yes it difficult as alot of the rise during that time was false due to the sales irregularities. However that doesn’t take away the fact that they have a good product and now with the new CEO at the helm ,hopefully the company can re built fresh. The workload is high, mainly having to re build confidence in the brand and trust with the shareholders, but once that is back in place , there is no reason why this cannot fly again. I think this year has been a difficult year to take on that challenge so definitely patience is going to pay here.. hoping that the next set of results will be putting that slippage to bed.
Or desperate for that matter, my portfolio is looking pretty decent at the moment, I’m encouraging this one along as it’s weighing me down a little, i actually have a lot of faith in Mr Kelly and I’m happy to share that.
It’s not really what you say, all valid points, it’s just sometimes how you direct them.. picking up on points that someone has said and turning it on them is not really constructive and just comes across negatively.. i mentioned 70p because i first bought in at that price ( well 69p ) at one point. That does not make me a delusional rainbow chaser lol
This share will slump this afternoon. Personally I feel it May have a pump next week for good luck. Pls don’t get caught up in all this b/s and DYOR .It’s not going anywhere except getting de listed then it’s game over ..so time your outs correctly GL all! No one has come forward except the man himself and that’s solely emotional attachment.. which doesn’t necessarily equate to a genuine rise in SP…I may be wrong..lol