Ann: Change of Director's Interest Notice, page-24

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Artvandelay01

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22/04/21

09:51

Post #: 52641033
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Originally posted by LordNigel: ↑

Based on those huge red bars on sales volume and the ridiclous low price of a company that entered recently at what $0.20; the market is expecting dismal quarterly results of:

revenue down substantially MoM
expenses up exponentially
wages up incredibly with bonuses all round not tied to performance
GinGin in the BInBin (no clear completion date or closed forever due to some missed detail).

if the above 4 is true, then this company deserves the current price

haha -- if any of the above are positive (instead of what the price is currently reflecting); then hopefully we see a rise back to something more reasonable like say a quarter of the enter price $0.05 or heck's even half?? $0.10

I think if I paid $0.20 I'd be hanging on to my seat and praying they report 2 out of the 4 above are actually nice..

haha but who knows??

Expand

The Thais are the problem...unfortunately they hold ~45% so unlikely to change any time soon. At some point they will need to raise capital to re-fi the Remagen debt so this will get pumped at some point - might be time to run for the door if things havent improved by that point.

M8S Price at posting: 3.0¢ Sentiment: None Disclosure: Held
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Ann: Change of Director's Interest Notice, page-24

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