RE: Whats going on19 Apr 2023 17:56
Redirons you are a fool. Since when has a share consolidation ever worked well for a company lol. Everyone is obviously aware of the physical meaning, but consolidation screams bad news and is usually followed by more mass dilution resulting in the share tanking back to pre consolidation levels. Thats what the poster meant by this, and can guarantee you a down day post consolidation because everyone knows consolidation = BAD. Been around far too long and never seen good come out of a consolidation. You are a complete novice if you think this share can consolidate and that's that. It will tank, I can guarantee you that.
Shareguru, grab a dictionary and look up a word for me. That word is context. Your lack of it in 88e and my affairs over at THG is amusing. Funny how you emphasise the down day yesterday over at thg, without the context of the massive rise the day before haha. Also share with us all the 10% rise today haha. Im up massively over there compared to you in this dog. Same story with 88E, and your head in the sand re previous failings and expecting all to be dandy this time around, and attempt to belittle anyone who dares ask why. That word again shareguru, CONTEXT. I hope your tiny brain can try to grasp that word and come back with an argument related to 88e and not my successes elsewhere. You can always tell the caliber of an individual by the response in the face of somebody with an alterior view....the less gifted upstairs among us always resort to personal insults and discrediting efforts. Keep searching shareguru, my posts go back since before you knew what stockmarket meant. Keep it professional, and 88e related.
Gman...I completely agree with you re the company having no choice but to dilute to keep the lights on. But my debate is shareholder value in this stock, and lack of. How many years now have we seen these silly presentations? Marketing fluff and no more. And your comment re 4p spike.....how many shares were in issue then vs today; I.e. what was the market cap then? Significantly less than what it is today. This share will never ever spike to 4p again; it would value the company at 800 million this time around! There is zero shareholder value to be had here, it has all been diluted away and will continue to be dliuted away. If this share does spike, sell into it immediately! It's the only value to be had here. Trade, rinse, repeat. That's what the smart money has done here for years.
Don't listen to the white noise of rampers here and get sucked into pretty company presentations which have time after time failed. Focus on your trade and nothing more.