ddoc2
- 19 Jun 2004 11:40
Have followed for 2-3 years and kept faith until recently. I am still holding, in fact stupidly bought more on the downward slope at 21p, hoping that this was support. The fall thr' 20p should have warned us that something was wrong.
The risks associated with jam tomorrow companies are compounded with ATR, in view of the political and financial loopholes of doing business in foreign lands, especially so in Ghana, I would think.
However i was reassured by last years major fundraising, the director buying and support by the Univ superannuation scheme. Moreso I thought that Ramar was now cahflow positive and would keep the business ticking over until the jam arrived from the 2 way contracts, which we were told are imminent!
The knock to Ramar from the lack of components is a major blow. In my opinion this must be the reasonwhy there was extra funding from the Univ. Superann. scheme at 30 odd and 18 pence over the past 3 months. It now looks as tho' this isn't enough to sustain the co. and we remain totally in the dark.
The love is lost and the faith and hope now require prayers. Does anyone else have any comments?
ddoc2
- 30 Jul 2004 15:50
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it is diificult to imagine that the present fundraising will keep them afloat for more than a few months, given the rate at which they have used up previous amounts. also i find it unbelievable that ramar is now functioning normally again. The lack of transparency over the last year is very annoying- i'm considering selling out if no news soon. anyone have any other news?