Re Aim from Investors Chronicle:
‘Bulletin board providers are popular among many private investors – some of whom are incredibly well researched, and some of whom (to put it politely) aren’t. At the lower end of the market, these boards are used to encourage the naïve to buy into a stock. There are many who have multi-IDs who then literally have a conversation with themselves, in an attempt to generate excitement around the stock.
Should anyone post a contrasting opinion – they are called out as a ‘shorter’ or a ‘deramper’ and are the subject of abuse. Worse still, the group encourages everyone to ‘report’ the post in an attempt to have the post automatically deleted. This means that anyone viewing the board will only see one positive narrative because the posts that are automatically deleted are not reviewed by anyone. Those who own the bulletin boards don’t care about the actual content of the posts, because they’re not monetising the boards. What they monetise is the volume of traffic on the site, which they then sell in the form of advertisements and impressions. So, while the bulletin boards are free to use, there is almost no point in using them.’
Ojay, this board is the last place to be if you want to clear your head on what to do with these shares……so many saying it’s a guarantee, etc. I think there’s a lot of infighting here as investors are worried re no RNS. . Steer by your own compass and I hope your decision works out well for you. All the best.
Some scenarios:
Fabulous RNS with LP and spud date…..Fundraise. They will still need money.
No LP (yet) and spud date…….. Fundraise but getting desperate.
No LP (yet) and spud delayed……disaster.
Derisk with healthy profit? Stay in and hope for the best? Steer by your compass.
Of those who constantly tell you to not to sell a share…..to hold those golden tickets, that LP is a guarantee, etc. These are traders buying and selling….nothing wrong with making a profit but they are just duplicitous.
‘ Documentation to certify the Block XX Exploitation Area as special purpose land…….’
From last RNS…..you would expect a paper somehow signifying that the area is now certified for special purpose. Not a few lines about hectares somewhere and not even mentioning the company name.