We just have to wait, for me this was an amazing RNS. The info inside was great yes but the way it was carefully considered and not rushed was exactly what I needed to restore my trust. This is the making of a mid-tier oil company I think this is a no brainer investment now. Wait until MM's let this go we are going to see a rise of the next few weeks as this is now undervalued.
This is true and I specifically remember times when other members on this board warned bob and others about the amount they had invested and Bobs reply was "you have to be in it to win it" you can go down and check.
The toxicity derives from the fact that you are not invested and you have a gripe with the business because you've admittedly lost large amounts of money. You're coming from a skewed point of view and are telling us nothing new. In terms of the spending, ofc money will be spent but using the only data we have (last 6 months trading, with same number staff and costs) that shouldn't be a problem. Suggesting otherwise with no data to back it up is insincere,
During our last trading update we had 6m in the bank, after a 5m placing 6 months before. The spend had been insanely low. Why do we now expect they've blown through 6 million in the past 6 months? No logic to that.
As the previous commenter said we are at the start of this journey, I believe in this business model, it's highly scalable and in one of the most exciting spaces/industries in the world. It's a huge buy out target. Don't let this merry band of derampers fool you into selling. We invest in these microcap businesses because theyre pre-revenue... we wouldn't get this price otherwise. Buy if you believe in the plan and if you don't honestly leave.. nobody is shorting despite what they tell you.
this is it for me i'm out, something is complete amiss here.. I wouldn't be surprised if this actually does end up going down no smoke without fire and after MW I thought it was initial drop but doing research they may actually have a point.. putting my money in PRD.L quick upside CEO owns 50% of company 5m MCAP 3 assets, news incoming extremely soon... huge upside potential.. CEO said DIV will be paid.. insanely low in point before news starts.. wont be long to get in. easily could be £1 by year end huge upside no downside at these levels.
Wow.. wtf.. Argh bad day for my portfolio.. this is it for me i'm out.. putting my money in PRD.L quick upside CEO owns 50% of company 5m MCAP 3 assets, news incoming extremely soon... huge upside potential.. CEO said DIV will be paid.. insanely low in point before news starts.. wont be long to get in. easily could be £1 by year end huge upside no downside at these levels.
This is useless to me from now on.. like somebody said no point averaging down I'm going to take a loss and Move onto a better stock. So many better ones out there. ANIC.L Agnonomics has just had 4 TR1's this week Morgan Stanley and Goldman Sachs over 3% in a company of 10m MCAP.. own 7% of Simply foods featured on CNN It's a no brainer.. just broke through resistance and is rerating it's easy money this has lost me money for the last time! OUT.
Sold but not out of panick.. do not think this will end blue.. putting money somewhere safer with more upside . Agronomics ANIC , goldman sach morgan Stanley invested on Monday tiny mcap news everywhere including CNN , broke out yesterday easy money whilst fill gap.