RE: Astonishingly bullish!25 May 2023 00:13
@SmartMoney1
I hope you are right.
Yet for some reason I have niggles of doubt.
It felt like such a hard sell , and presented in a pretty shoddy way. A wide shot lacking in viewer engagement, ME almost side on to camera (no eye contact) with legs crossed and sounding pretty uninspiring, over modulated sound on the TP spokesman, yet low level on ME…. It just felt very parochial. A poor example of a fireside chat. LSE would have done a much better job (even if they do have videos annoyingly popping up now!).
And that’s just the presentation side of things.
In terms of what was actually reported, it all sounds rather good, doesn’t it? But ME said the potential is overlooked. Not the value. The potential. And that for me is the nub of the issue. And as for the company being under the radar, with
the Bloomberg interview (when the SP shot up 50% only to crash back down again), the BOD being known and connected , and the Align debacle making its way in to the mainstream financial press, no, that’s not the problem.
Maybe the problem is so many broken promises in relation to funding, that investors are wary of getting anywhere near this until revenues are being reported. Hopefully there are numerous investors waiting in the wings ready to pile in when the company shows itself to be truly cash generating. We will see.
And for the avoidance of doubt, I am a LTH of IRON. When I invested, it was a significant part of my portfolio, and needs to grow considerably from where it is now to regain that accolade. Here’s hoping that tomorrow this sleeping giant starts to wake up.