RE: Wale / Peter’s16 Dec 2025 16:57
Blue, really disagree about LCCM being the issue holding back the SP, as i said weeks ago, SML faces 3 immediate issues after their rise, the warrants being sold off, the long term holder selling off and finally the 2 rather large holdings from the now released directors.
I do agree there will always be sellers, but usually there is also buyers, when there is such a large overhang from the above, normal sellers and buyers dont reach some level of balance and the SP cant rise no matter what news is presented. Once PW/JP is out (if not already) sentiment can effect price again.
Im not here for LCCM, a sale would be a bonus, but no sale wont change the today for me, redmoor is the beast for me, SML have funding for the forseeable and a relatively consistent revenue stream. I get there is a possibility that if there is no sale of LCCM the SP might drop, but thats only due to people like you thinking it matters, when its a "not so much" zero rated, nil cost asset