What I think is going on18 Nov 2024 16:49
That’s now two great RNS’s yet the SP has hardly moved. I believe that it’s a combination of a few things.
As everyone is saying. It’s still not on the radar, however I have no doubt that this will change very soon. Lots going on in the background.
I am sure that the Broughtwood’s are not selling at the moment, on the contrary, Martin is keen to hold on to as much stock as financially possible. He knows how good the IP is
However, there is definitely a seller in the background. I think someone has been continuously forward selling using a Spreadex account. It has to be one of the CLN holders hedging their bets. However it does present a great opportunity for a big investor to swoop in and build up a big position at a knock down price.
Although it is obvious that the company will need further growth capital for 2025, I am very confident that the shareholders do not need to concerned about this any longer. The backers and supporters of this business with its incredible technology are fully engaged, we are all in safe hands, the future is looking very bright indeed…! Now you either take my word for that or listen to our resident doom merchant Troll Factory.
We just need to replace the toxic part of the shareholding with quality investors that understand the potential. Once this happens and there is no loose stock around the SP will accelerate very fast.
And it’s actually a good thing that our seller is selling his stock now rather than later.
StayLong.