i agree with what you say , this bloody share will only rise when i am knocking on Pearly Gate Doors - been in this share 5yrs now no joy at all . 5k down and hurting - waiting to jump out asap. Why do or did the Brokers have this a Buy ?
it's bonkers really. We are told repeatedly by those who do not manipulate anything, at all, ever, that the UT trade sets the closing price. So last night's UT trade was 28 p but the closing price was reported as 26.5 p. Tonight's UT trade is registered as 30 p and the closing price ......... well it's 30 p. Thus no correlation at all thus the market makers set the prices to make as much for themselves as possible and reel in as many mugs as they can . My point is simple. To any new and prospective investors in AIM companies. DO NOT DO IT! Stuff your money in the wood burner that way you will at least get a bit of warmth out of it. A long term disgruntled AVN investor, also GBO. And others. However. To infinity etc. Etc.Etc.
Their forecasts have always been wildly optimistic . Now they are just wild. This company can't afford to pay its way so it has to jump into a sale before it's pushed into liquidation . It's hardware , know how and established trading relationships maje it worth many times its share cap . The downside is that any purchaser will need deep pockets to pay down the debt. I could imagine Facebook or Vodafone for example finding it a useful adjunct to their business. My guess is that the striking price will be around 55p per share - which would be a bargain- it should be more but sadly the company lacks bargaining power- he ho
MTB - that is not a real short, thats their daily trading book. This will have limits and is simply the fact that they couldn't get enough stock on the day to satisfy what they had sold. 54k shares is £18k - not a big issue
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.