Junior Not an investor in 88e but just for fun . 88e losing 30k...

Junior
Not an investor in 88e but just for fun .
88e losing 30k a day annualised is the equivalent of about 8% of its market cap annualised
fPL has been losing the equivalent of about 90-100% of its market cap ever year for years. Even on this metric 88e is outperforming in a big way
Don't get me wrong - FPL has its own gold medals
historic losses vs market cap ( x 15 ) surely a winner

You keep banging on about the market cap being low , but ofcourse you fail to realise this means every time they need a couple of mill ( within the next 2 months) they dilute all assets by 40%
Now FPL may spike here and there from FPL sensationalist announcement , but will it ever get to 30 c plus - your pre consolidation price entry price , I very much doubt it . I say this because I have no doubt you will claim success if it spikes from 2c to 3c off some announcement so i tell you upfront , the day you can claim to have been correct is when this trades well above whatever you true entry price is - about 6 times higher than current price at least