You mean from 0.20 to 1.65
then to 0.02 to 0.07
then 0.01 to 0.054 (not 0.05)
Lower lows; lower highs. I will leave it to our resident chart expert
@sirrobbo to explain what this means and what happens next.
PO will be getting desperate for some news in order to break the pattern above. But will he revert to type and release a fluffy announcement like say a non-binding MOU with a non-disclosed hyperscaler (the Oracle thing all over again) or will he break type and have some actual news before the next CR?
Or will a big holder stop drinking the Koolaid, finally start selling and set off a dump to a more reasonable MC for a company which generate about $1-1.2m revenues and burns ~$1.7m to achieve it. All to continue the pattern above...
Interesting to note, that staff costs are down but Admin & Corporate Costs have skyrocketed back to those heady days when NOR sponsored a yacht and PO was on a UK pantomime tour. I guess those MWC events in Barca and Vegas are not cheap even when you do not actually have a stand/booth. Did someone say "lifecycle company"? Shhh
All imo
