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05/02/19
15:51
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Originally posted by goldbear77:
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@drbgt40 no one put them there but themselves. cant ever forget the sp chart reflects those forecasts. some people will have bought at 20c+ because of the forecast, thinking they were made competently. ie that significant rigour went into making them - which wasnt the case. and stock is in a binary moment too - you;ve go dilution, continued large neg cash burn, falling bank balance and still relatively overvalued thats how GE fell $60-$7 in a sense. which is why it generates polarised discussion im guardedly optimistic on underlying business progress and 3+ year addressable market. im pessimistic on overvalued stock and regard forward guidance as gossamer knives can fall forever in the market because dilution resets price
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Agree. When they come out of TH, I look forward to hear your views on the acquisition (if they succeed) and what impact you see on dilution vs price movement vs long term impact.