It's under 1c because people are not buying therefore IMO it's very risky.
You're feeling the pinch because you failed to successfully pump this to your sellout price. You also failed to keep your supposed stop loss in place.
Maybe they understand the financial picture better than you. As of last September the cash and cash equivalents dropped by 3.3m leaving 4.8m in freely usable cash.
Now there is a track record here of significant timeline drift and furphies being told by the company. Like "profitability by June 30 23"......
December quarter was the first full quarter of Limepay's costs hitting Spenda's books. Expect costs to increase by around 500-700k give or take IMO, largely or completely cancelling the revenue they will bring, funny not funny.....
Let the upcoming 4c do the talking, not The Pre 4c Pump and Dumpers lol.
Let the company themselves correct their reputation, not The Pure Pumping Cronies of Spenda.
Pray baby pray everything will be ok. May God have mercy on your soul @hot_investor and may you stop your dirty little sins.
Warmest regards,
PD
SPX Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)