People who believe in the company should stop saying they believe in the company? Because you are down on your investment? Been doing this long mate?
Most ridiculous statement I’ve read today, probably because I have JBR on ignore otherwise I’m sure whatever crap they are saying would be more rubbish. The only revelation today’s announcement gives us is what some of us holders, me included, have been trying to say for months.
There are posters on this forum who have an obvious desire to lower the SP, for what purpose we don’t know yet. But we now know that the Blakes have been caught out months ago and this is likely the reason for the SP decline of recent months. If small holders see today as a negative to the operations of the company I can understand their selling today. For those who believe in the company, we see the blunt booting and ousting of Blake and his family as further proof that Idan is running a tight ship.
If I had disposable money to inject today I’d happily absorb any loose hand selling.
I do agree that there is a dark cloud over the legal costs going forward but, given the board has been so open this morning about the entirety of the situation I find it unlikely the Blakes will fight this one.
The only risk I actually see is that Idan and Sytze are way off the mark and there is no proof or link between Blake and NVISO.
Whilst it is a risk you’d have to be crazy to think that Sytze and Idan would make a move like today without due reason and proof.
It is cheap buying for us believers and I only wish I’d waited to top up until today to take advantage of the price.
MMM
UNT Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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