Re £18 plus vat
What the heck. Felt a bit flush this morning having won 2 quid on the trivia machine last night, so I thought in for £18, in for £75,000. I only have to knock Harry Potter and the Goblet of Gobshite of the bestsellers list and hey presto, I've got my wedge back!!
Whilst they may have done the last quarterly update on time,
having seen the day to day accounts last October, when you have no income, few staff, one office and the normal set of bills any small company has, it shouldn't be difficult or expensive to post accounts on time. Until they do, they can't even begin the process of listing on the Dax, so there will be no "extroadinary dividend". To list on Aim in London takes a minimum of 3 months assuming you have all the necessary documentation for listing, and I doubt the German market is any quicker. You also need competent and efficient legal and accountancy diligence, and as stated before, my experience with dealing with Medify has consistently been either negligent on their part or incompetent, depending on which side of the bed I get out of.
For me at least, the well of patience ran dry some time ago.
I want to see hard numbers and decent revenue, not promises. Promises from this bunch havn't come to much so far, apart from huge losses for most people. My average cost remains low, but I wrote off the money on this some time ago, so any price I end up selling at will be a bonuus. Currently it's just burning more and more money. Something they probably ran out of some time ago, and revenue is far from matching expense.
Technically, the ease with which price rejected 14 and now is back in the 5 to 10 range doesn't inspire confidence either.
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