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CI1... is a 10 cent SP overly optimistic in 12 months?, page-43

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matt503

110 Posts.

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07/05/21

18:49

Post #: 53027066
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Originally posted by iamanoob: ↑

Agreed, I think a lot of traders looking to make a quick buck are losing interest/being flushed out since the recent pump and dump followed by the failed capital raising.

I think the fundamental remains relatively strong inspite of the falling share price. My guess is the market may be treading cautiously since many traders might have been burnt on the recent pump and/or spooked by the recent acquisition binge with potential dilution as a consequence.

There's no need to panic, CI1 is still in its infancy stage and expanding aggresively to position itself for the next economic crisis. The company has a great track record and a competent management team. The one critique I do have, however, is I would prefer to forego dividend payment and reinvest that money into further expansion increasing market share.

As a final note, if you can stomach the volatility and only invest however much you're willing to lose then I think the current share price provides good value with reward outweighing risk (not financial advice).

All the best fellas!

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Has a dividend date been announced for this year?

CI1 Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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