RE: Price16 Oct 2018 19:14
Also the fact you wrote seller (ONE) and the fact about 700+ sells have gone through that £5-10 is £3500 to £7000 commission.
Again, MANY are selling - not just one.
The reason the market is keeping this low is it has cash burn, no revenue, and a delay on a revenue making deal.
All quite obvious and basic.
Its all very well saying "IF these deals go through we will bounce". That is the case for ALL AIM listed shares.
The issue is what are the chances of those Ifs becoming reality?
Due to the delay the market has answered- unlikely, hence the 50% drop.
This share is behaving completely normally for what has happened.
Take the rose tinted glasses off and actually objectively assess.
For a cash burning no revenue company a valuation of £19 mil is actually pretty high still....