What we have to remember12 May 2022 09:49
I'm seeing a lot of people getting edgy about the actions leading up to and after the placing, at the lack of news in the past few weeks, at what people think is a lack of clarity from the BoD etc.
Business takes time people. We were all ranting and raving when we were getting a new territory announced or a new deal every week or two. That sort of activity simply isn't normally on AIM. We've become used to expecting the company to deliver an RNS every week or two even if there isn't anything of substantial value to announce.
Gfin is just taking time to iron out details. Do i think the placing was rushed? Yes. Do I think the board did it for the right reasons and do I think they jad a very clear strategy in their heads? Absolutely. Do i think they have acted in our best interest? 100%. The placing may have appeared as rushed but opportunity doesnt hang about and I'd personally rather the deal we agree is capitalised upon. If this takes several weeks to iron out then I am 100% behind that.
I urge patience here. Any other AIM company would give their right hand for a news stream like we have had, any other AIM company would have an SP to reflect the positive news, revs and profitability that we are heading towards.
Take a step back and observe what we've been through, where we've come from, where we're going and compare what we've got and the news that been delivered to that of pretty much any other AIM company out there. Your faith in this company is not misplaced.
Whether or not the current SP is a reflection of the way the previous BoD was seen, I don't know but we're going to be getting revenue updates fairly soon and the numbers always talk. I'm fully expecting to see a significant trend upwards revenue and when it comes to this industry, scalability leads to profitability.
I'm holding long, not sold or traded a penny. Averaged down considerably given the buying opportunity available here and I wait patiently for next updates.