Absolutely no need to double down now. this is not going to have any news for a very very long time and even then it can be bad. If anything now is the time to cut and buy back later in my experience.
Is there any reason to hold this - nothing gonna happen for 6 months!!!!
I stand by everything i have said here. The issue is that the timing has clearly slipped which is outside of my control. It made sense that there would be a big PR campaign to accompany the launch but for whatever reason this has yet to commence. Do i think it will - yes. Will it be in time for the results, who knows.
I am also conscious that we will have burned a lot of that cash now give that covid has fallen off a cliff.
Lets see we may get a nice surprise in the next days...
Yep its the worst news you can possibly ask for. People will sugar coat it and say they can refer/appeal but if they were so well respected and connected then this would not happen.
It was good for a trade and you will see that many will leave next week before the profit evaporates. Northing will happen here now for several months and then it can be curtains for this project.
God help MHC when results come out, not good that there has been no marketing. Can only assume there are some regulatory delays in approval for press etc.