when will CPH hit 0.47?, page-14

I'm confident we'll see 4.7c this year, and I'd be willing to bet everything I have that the only way CPH shares trading as CPH will ever get to 47c is after a consolidation. Considering all the dilution coming, to get to that share price you'd need CPH to have a market cap of the best part of a billion dollars! This is clearly not a half billion dollar company. I have every confidence that in the end, CPH will either go into administration and shareholders will get zero, or it will be purchased as a shell and shareholders will be diluted to near enough to zero. The company bleeds money badly, has never turned a profit, never looks like it will IMO, and is bogged down in some pretty serious problems. You asked about the chart, in that respect you'd be hard pressed to find anyone who would honestly say it's anything better than hideous. It has a very consistent downtrend over many years with rallies along the way which end up fizzling out and giving way to the old downwards trend - absolutely classic of companies which never get anywhere and eventually cease to exist.

Part of successful investing or trading is learning to admit when you've made a mistake and take the loss to prevent further losses. Would you buy it now? If the answer is no, ask yourself while you're holding - I'd bet London to a brick that the true reason is that you don't want to lock in your loss and you hope for a miracle which will allow you to break even. Do you think that miracle is realistic? Is there anything you're basing that hope on or is it just that you want it to happen rather than there being a reason to think it will? If you genuinely don't care at all about the money and think that amount of money is worth leaving on the market for the sake of watching and learning etc, that's fine, but if you are lying to yourself (which is extremely common, let's not kid ourselves, we see plenty of examples of it on Hot Copper all the time, especially in dog stock holders), learn to be honest with yourself and assess your holdings with less bias.

The market doesn't care what you paid. That figure is only important to you.

Best of luck whether you decide to hang on and see what happens or cut your losses now.

All IMO of course, DYOR etc.