TSXV:POI.H - Post by User
Comment by
HagenvTon Jan 26, 2016 9:59am
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Post# 24493514
RE:It's just a matter of time
RE:It's just a matter of timeNotFreddie wrote It's just a matter of time I've reassigned myself to having lost my total investment. At less than 9% of its 52 week high, Slyce is doomed to go the way of the DODO bird. The current Bear market will only speed up the process. It's not if, but when Slyce will be delisted.
Delisting from S&P/TSX-V is not driven by low share prices. Delisting will only take place if the company cannot reach break even. I think the chances are good they will.
I don't like the decline of the share prices to the current level either but it's pointless to whine about that. It happened already and anybody who didn't leave the game earlier (like me) can still decide to realise their losses and leave or just wait for a turnaround.
Basically I still think that the company has good products and a good business team to sell it.
If they can keep their existing customers satisfied - at this moment we don't have any information that they don't - and keep adding new ones at the speed they showed in 2015 or even faster (as the predicted), then the income will very soon surpass the costs.
HvT