I mentioned earlier that the thumbs up behaviour on chat sites often has things backwards in that thumbs up popularity often means investment losses.
That is not the end of getting things backwards. IF.... a turnaround eventuates from the current disaster, then investing now will be very nice indeed. However it remains an IF.
Another companies management talked about sales progress 'next quarter' ad infinitum but it did not happen in reality and they went into voluntary administration recently - SYP.
So a question has to be asked - will the turn around happen? A secondary question is if it happens to what degree will it happen.... I woul not be too positive on this point as after all current management 'hopes' are to be barely cash flow positive goinf forward. I can see directors enjoying their lifestyle on that outcome but share holders..... not so much.
Blastoff
IPR Price at posting:
4.5¢ Sentiment: None Disclosure: Not Held
