I got into this one being a complete idiot.... just reading that it had a super bug cure and had jumped from 4p to 7p.... so bought at the top...
the more I read into the company following the purchase the more unhappy I became..
Sold out at 3.5p... a 50% loss but that is still better than a 100% loss which is where I fear this company is heading...
WILL ENERGY TECHNIQUE REALLY BE AROUND IN A FEW YEARS... I DOUBT IT THIS IS GOING BUST VERY QUICKLY.....
JUST LOOK AT THE CASH FLOW STATEMENT £1.8M FLOWED OUT ON AN OPERATING BASIS... IT IS ONLY AFTER THE FUND RAISING OF £2.7M THAT THE COMPANY HAD A NET CASH INFLOW OF 0.9M ROUGHLY....
STILL HAS NET DEBT.... WON'T BE ABLE TO RAISE MORE MONEY..... THIS WILL GO BUST IN LESS THAN A YEAR
AND IF YOU WANT MY HONEST OPINION IT SERVES ALL YOU AMATEURS AND INACCURATE POSTERS RIGHT.... YOU WILL LOSE ALL YOUR MONEY.. AND IT SHOWS YOU WHY YOU SHOULDN'T FALL IN LOVE WITH STOCKS