RE: Opportunity15 Jan 2023 13:29
I'm relatively relaxed considering the tragic fund raise at 0.3p!
Bought in Retail Offer ( from ladt of previous 16p sales cash) with new average 3.92p and that's why I'm relatively relaxed but still see it as a smash and grab and as davand states, those unable to take part in Retail Offer gave been dealt a cruel blow whereas those able to take part get to roll the dice again with what certainly looks like a better than evens chance.
Still there's one fly in the ointment and I hope it will be seen and rectified. When Premaitha came to market the objective was to grow the business and sell it originally with iro a 2 year timeframe. Along came hiccups and litigation which detailed us and thereafter we needed to grow the business following a failed landgrab.
Now I fear the BOD will spend years recovering and growing us back rather than having a sale as the core goal.
out of the fire I to the frying pan!
I frequently posted some time ago ....just get us sold! IF ONLY! I suspect that wish will languish once again whereas once we reach Singers target price of 1p on newsflow then a 4p, 5p, 6p+ sale looks set fair. Do I believe we will see a 4p+ sale within a year 18 months.....of course not. . This BOD will want to run it yet again to Hero or Zero!
That's the gamble here.