Share Price Rerate, page-59

@Twoowt / @raffintoy

It is not unexpected to see the SP at this level (.047).
SP action is often lead by the human foibles of FOMO and GREED.
These are typical behavioural frailties us mere humans suffer when it comes to money (Joy / Loss) with the later being more emotional for us to manage.
Unless you deeply understand the company you are invested in, you will be an emotional slave to the direction of the SP.
I don't like the loss of seeing the SP at this level but I sleep well at night as I have invested the time to understand this business and I am comfortable in management and the potential business/relationships they have worked towards.
The SP is trading on futures and that is it's weakness. It either happens or doesn't. That's the risk.
Some shareholders will stick it out, others will take profits. Who's actions will be right in 12 months time remains to be seen.
Wrkr;

• is not profitable.
• is not consistently cash flow positive.
• has not yet signed the contracts required to guarantee the revenue needed to be profitable.
• is spending capital and will spend future cash flows on growth initiatives required to build and maintain future revenues.
• is still very speculative regardless of management's communication to the market (which has been first class).

It does not surprise me that the SP jumps all over the place as individual investors make personal decisions about their holdings.
I will hold until my investment thesis is broken.
When this happens, as it has with other investments I have held, I will sell immediately.
In four years, management have never given me the concern or reason to do so. I feel it is highly unlikely over the next 12 months they will give me any other reason but to be a supportive shareholder.
Have a nice weekend
Ian