RE: I know people are really Pi553d off….22 Jan 2024 10:03
PM2022
Posts: 2,640
Price: 5.25
Strong Buy
RE: I know people are really Pi553d off….Today 08:48
Bad,
I would suggest it is for working capital purposes. Had you bothered to read the broker report then you would have known the cash was running very low but the question was the placing price. As I said a few days before we had a leak. Predicting 1p/2p placing, no support at all or a prediction of placing every month is not right.
BOD have paid the price with no cheap options. They need to deliver and get the SP back to something at least decent. Making more changes will mean more time wasted with notices, new staff attempting to understand the pipeline and likely more funding if the strategy changes.
You don't want too many compounds in the pipeline when the share price is this low. The key for now is to get the SP so 201 delivery, CLX news or lab contracts.
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The folk I feel sorry for are those who have read your posts over the years (including the ones where you proclaimed you were highly educated and well researched investor, buying at 30p++ was a no brainer as there is no downside to this share,stating Porky was absolutely clueless and verbally abusing him on multiple occasions.) and were sucked into believing you and invested. Me I am still watching and waiting and laughing at your ridiculous posts 🤡🤡😂😂