why? the guy is as pessimistic as they come with a underlining emotional attachment due to losing money in the past on 9SP... he will forever be pessimistic until he holds again, hence his attachment to the stock... seriously why do many come on HC to seek others advice or opinions, why buy stocks if you cant understand what your invested in? Baldy dissects everything for the worst while having some sort of empathy for current holders, its cliche rubbish... sorry baldy, but you know your agenda waffle, after all its very easy to interpret for any one that has half a brain...
I for one am excited about todays announcement... I think management have shareholders interest at heart... to remain in a suspension while they sort out a few underlining issues will prevent emotional idiot holders from selling and crashing the SP due to their limited understanding of the business prospectors at play..
This is a lot better than I expected to be honest... shows true managements ability to hopefully regain the markets confidence by presenting something of worth.. its obviously all about revenue moving forward and financial stability... who knows what is going on in the back ground... this is a company that is not limited, growth potential is ongoing... I alike the next person want the VISA deal to be 100% locked in, but that is not to say we cant have other pending deals in progress that are game changing...
I think management have something up their sleeves to bring back confidence before reinstatement, very unusual for the company to ask to remain in suspension... watch this space... changing my HOLD sentiment back to a BUY...
9SP Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held