See what I mean Hank.....
Fencepost throws an alternative view, which (he / she / it / they) are entitled to do without any reference to the tumultuous times that have befallen the world in recent years.
I have seen in my industry alone the huge impacts due to covid, which include labour disruption and shortages, the term chipageddon (essentially the huge backlog in semi conductors and high spec manufacturing), the impact to capital markets, hyper-inflation, China's zero covid policy, Ukraine / Russia war.
Unsophisticated sectors such as hospitality / airlines are just climbing out of this mess, which leaves start ups in sophisticated manufacturing and semi conductors in the sh8t.
I think we'd all agree that the company communications are sub-standard, and acknowledge that Fred cares more about his investment as opposed to those of small holders, but that's always been my point. Fred stands as the biggest loser for not pulling this off.
Simply, given the historic low trading volumes and accumulated delays / false starts, an existing holder would liquidate their holdings at a huge loss. Or alternatively they continue to hold and if EM are on the cusp of volume production, then we are in for a ripper of 2023.
People have to make their own minds up. My interests are there for all to see, I'm a long term holder who has an interest in this coming off. Those posting, who disclose, no interest, who spend more time on this stock, sometimes exclusively posting in the negative, you have to ask yourself, what is their interest:
1. rubbing peoples hard earned failed (in their view) investment choice/s in their face (psychopathy comes to mind);
2. protecting the poor unsuspecting new investor (when there are clearly no new investors sniffing at this stock);
3. trying to push long term holders to sell at a heavily discounted price for their own interests (profiteering of others misery)....
My posts don't seek to prop up the SP, or seek to inflate it.
Its a dog eat dog world out there, you make your own call ultimately.
Gltah
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