The point of this forum (in fact, all forums!) is for posters to post their opinions and make decisions - based on their interpretation of ALL the "disclosed" data and information. That is what is defined as an "efficient" market.
For example, here's some basic "fundamental data".... 25 existing and potential
punters in CDY supposedly have access to the same information. On the one hand, 13 potential
punters reckon a fair price to pay for what CDY has to offer ranges from 1.5 cents to 4.9 cents per share. But, on the other hand, 12 existing
punters reckon CDY offers good value between a range of 5.3 cents and 7.5 cents per share.
Here's some basic "technical data"... over the last 5 years, the share price has gone from (basically) 2 cents - then rocketed up to 50 cents - and then consistently retracted back to 5 cents. Of course, those "in the know" are fully aware that it took a 20:1 consolidation to get the price to 50c. For those that don't, it wasn't the perceived or potential financial performance!!
Lastly, here's some "fundamental data" that wasn't previously available to the market...for perspective, my decisions were made based on my interpretation of the existing "fundamental data" at the time. For me, it was never about some shampoo (I am bald and comfortable with my vanity). My decisions were made based on the potential of midkine (I was also a s/h of PEB), Zoetis etc.
In summary, I "invested" in CDY based on the "fundamental data" at the time and had my eyes fully open at the time. I was certainly a believer. Unfortunately, through bouts of their poor decision making, naivity and financial management, CDY has converted me from an Investor into a Punter!
Sadly, no amount of unicorns and rainbow talk on forums or you tube interviews etc is going to turn this company around. It is going to take a lot more than that unfortunately for all of us....including the Board!! Is that a challenge? You bet!
(20min delay)