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Laura. Thanks for the advice on GPL however running from one to stock to another isn't my strategy. I was watching MIRI for almost a year before dipping my toe in.
Many a punter say buy and hold. The trick is to hold on buying even if takes months or longer before dipping a toe in.
The cash burn is arguably eye watering with MIRI however as conveyed in my previous posts, the company paid dearly for cutting cords with China as reflected in sp.
I am pleased that the Americans are furnishing this company with partnerships and contracts. We really have to consider the geo political challenges that this company has faced in recent months.
Director buys at 35p odd certainly lend for further optimisim .
Delighted with todays news but will obviously see some traction lost on todays sp gains.
Yes Jona. Essentially because some of us have been following this company for more than a week and got in at 1p.
Regards
Back of the net guys.
SHWEEET
Geordie. Your post was back of the net.I have had the same sentiment for months towards the market in general.
Regards
We will probably see 0.5 now as the market is volatile.
The market would have picked up on this mornings news and sp reflects market sentiment in real time. Meaning that the market would have already evaluated this mornings Rns and remains open minded at the current progress of the company.
Thats just hope that the team at Trx succeed. The company does have the right people in place however the company has achieved nothing more than leaning on shareholders capital in recent years, my enthusiasm of this company is now limited and thats being polite.
Gla
ria20. Your enthusiasm is commendable however please be aware that news can sometimes be a bit of flop particularly in todays market environment. I think its fair to assume that the stock average is 40p. The path back to 40p might take longer than expected.
All the best.
Looks like the traders took profit this morning which suggests that the sp will probably simmer around current sp for a while .
Their products receive good reviews on Amazon.
Netflix will probably make an offer.
Going on 40 bagger here.
I suppose an allergy would be going out one evening to a night club having being single for a long time and meeting the love of your life.
My money is on reverse takeover.
Should have profit taken last week but then I shouldn't couldn't, wouldn't
I suppose this is the Monday bounce as some suggested last Friday. Dear me.
The trading update of last year suggests that the company struggled with its Chinese commitments. It looks like this has been reflected in further deterioration of the SP falling from 4p to 1p in recent months.
The company appears according to the trading update to be making good progress in the United States. Although recent cash flow does look arguably eye watering, I believe that the partnership with Harmonic exciting.
The current economic World theatre looks very fragile and the AIM is a nightmare. As a punt, I am enjoying owning a few shares in this company.
Dyor, Gla
Its funny how there are no buses for hours then 3 in a run.
Magnus. Bottom feeders would have bought @ 50p and already gone taking 25p premium with them.
If a company delists the market value of that company should remain the same value for shareholders on close of business before the news is issued next day. Meaning that the value of stock remain the same value as of yesterdays close of business for shareholders.
I am upset for shareholders. Last week I bought a few shares in an AIM company after vowing never to go near it ever again.
I am tired of watching the gravy train of what appears fraud under the umbrella of legality of the UK financial system. The so called FCA.
I watch company after company on the AIM playing dirty tricks with little accountability or transparency.
I will probably have my post removed but you only got to watch the AIM for 12 months to question the integrity of some of the unsavoury business tactics practiced by company boards.
Take care all.
On a brighter note thats hope Miri become one of Harmonic success stories. I suspect the Bod and the institutions will be hoping the same.