RE: A measured approach12 Mar 2020 13:13
Well if the coronavirus and oil price issue, which has caused the biggest market crash since 2008, hasn’t effected i3e’s SP this week, then I’m at a loss.
Until the farm out news comes in I would have projected the sp to dip or stay at around 6-8p without this market crash.
To say the sp isn’t effected by the crash is absurd. I came onto this forum hoping for rational analysis and discussion. I left the ADVFN Forum on this stock as it was full of conspiracy theorists and rampers posting old news.
I completely agree things aren’t ideal, but to state it’s all the BOD’s fault and they are “greasy crooks” is irrational. There have been errors on their part and they have faced a lot of bad luck. But I think the market has reacted disproportionately, and may well bounce with equal craziness when positive news comes in.
I would feel much more negative if Dolphin and Bybrook weren’t involved. They will have had much more access to financial data and general info than any of us and both have committed to i3e.
Let’s see what happens