Barn door still secure.4 Mar 2025 07:21
As I recall a certain ramper suggesting once the ML is issued we would see the barn doors blown wide open and the S.P. rocketing skywards.
Yesterdays performance hardly budged the catflap, because there are several issues before the stampede for shares will materialise.
1. Trust needs to be renewed by this board, many people want to see more transparency and communication.
2. Fundamentals are under the microscope and the billions of shares in issue are a red flag for many.
3.Evidence of a steady Income being generated has yet to be published..
Once these 3 factors are addressed and the main one for most serious investors is self funding and a steady rise to profitability,.. then we may see the S.P. move upward.
Other wise this remains a day traders share, the most important piece of news is probably still in the pipeline, a J.V. with a huge investment package would be welcome by all LTH's.
It's looking more positive enough for me to buy back in but I will leave the rockets to Pubcrawl 😐