RE: Β£14 mill mcap?7 Feb 2020 20:03
PHourteen Mill mkt cap ~~ PHookin` `ell ~~ ElePHant in the room ~~ Is there a common PHeme here ?
Another awful week here .
After all the progress , promise and achievement the sp is below the IPO !
Unless there is something seriously amiss with the strategy , and I do not think that is the case , this is now below bargain basement value .
So many investors must be so disillusioned and many have clearly been voting with their feet , I understand that .
It seems that whatever Directors have said / might have said , it has had little effect in breaking the consistent downward pressure .
This makes me think that there has been some determination , from some quarter , to depress the value of the business . Why ? I have opinions , but no proof . I have to stay focused on fact .
These developments resulting in such a low value for the Company suggests to me that it`s days of independence may be limited . It might be very difficult for Directors to reject any approach at this point in time .
On the other hand , the sp is now so low a measurable recovery is likely on the announcement of any quantifiable news .
News will arrive within the next few weeks .
So ~~~ How do I correct my hugely unacceptable loss here ?
There are only two possibilities :.
1. SELL , and hope to make up the loss elsewhere .
2. BUY , average dow to make any recovery less of a challenge .
Despite the PH issue (which I believe has much to do with the loss of confidence and poor sentiment ) I will decide over the weekend just how much more to commit to this enterprise .
Good luck to all PI`s who also believe .