RE: Year high of 100% from here28 May 2021 00:01
Can I suggest, the only thing that’s going to do 100% this year is the shares in issue.
When this listed in 2016, they floated 100 million shares at 8p
Now there is 4.2 Billion in issue. That’s a 42x increase in 5 years. (By that calculation, this should be trading at .0019p based on the float price in 2016 of 8p and not taking anything else into account)
Having said that, they need to pump this, to get the next dilution away and keep the lights on. I don’t think 3 broadband circuits and 100 SIM cards will butter any parsnips, but hey. What do I know?
Good luck if you can make some money on this. You’ll need it. Lol
Mr market is a fickle beast, at some point this will mean revert.