RE: Re Consolidation2 Nov 2017 23:02
my original stake from 5/6 years ago would hardly buy a family meal out at mcdonalds now ,totally worthless .
I had made a nice profit on the way up to 5 p ,but had just put another lump in when it headed south ,and foolishly waited and expected to to bounce back ,and watched it trail away to nought ,with many many new horizons of hope this was the bottom ,on a never ending sliding graph . Classic falling knife syndrome .
The recent settlement of the share price seemed to mark a end to the slide ,topping up as i could on the 0.01 to 0.02 , i invested another 4 million shares .
The consolidation had really taken the charm off this share , i know it equates to the same value ,but one feels cheated and the poorer for it ,and historically , most shares tend to lose more value from this rejigging of the price .
Now the price is back up to pence again ,are we to watch again it slide back to a fraction of a pence ,to be in the same situation again in a few months time ,just does not fill me with much confidence .
In Rita we trust ,but a complete lack of virtually any feedback ,or even a hint of whats on plan ,Is there a plan ?? i or nobody else knows ,an awful situation for any investor .
I have now lost 40% of my new investment and simply could not sit back and watch the same horror story unfold again, so have tranced down ,removing 2/3rds of my shares.
I do have the uncanny skill of bad timing and fully expect the worlds greatest rns tomorrow morning ,you will probably hear the screams all the way from somerset !!, and when we do have some good news, i will reinvest back in to a share with a goal and a plan .
If it continues to fall ,then it will be less painful to trance down further .
Felt quite sick about the whole thing today, been hear for a long time really hoping this is going to fly .
Regards to all