RE: SEPTEMBER 201227 May 2021 16:11
lots of reasons, I bought in when it was 50p in the Arian metal days. Poor debt and selling off assets caused the company to slide, and poor management by the board. Luckliy i keep buying, think at lowest about 0.04p and got my break even at 1.1p, a level i never ever though i would see, had actually as good as wrote the money off. Not sure if was ever as high as £2. There was a dilution at one point that devalued the shares by a decimal point, shares worth 1p were then worth 0.1 so maybe the £2 was actually 20p in real terms. Anyway, a long time ago now and lots of water under the bridge. I never thought the day I'd see my money back never mind in some sort of profit.