Cyan, the colour of money (part 2)?

jan-mar

good decision to stay out for a while, my reasons

The stock market in general has been flying, the word in the city is this company fully expected to get a much higher price for the float, nearer 30p. The technology seems to have a chance, but Nick has touched on a problem. The same old crowd are involved in this set up, and whilst it may be ok for the likes of BM to make money from his various activities for perfectly sound reasons, the market in general take a different view. Could this be why they were unable to get the float price up, because the fear was of a massive offload of shares.

BM has been very sucessful in the floats he has been involved with, but without his usual band of followers, he may have struggled, and the band may be getting smaller. I can see a market correction in early 2006, and companies like this will be hit, there is a lack of interest and buyers even at this level.