After a long winter, spring is finally here! A corner has been turned and it looks like this share is now on the move. But banks shares across the board are moving north, encouraged by HSBC’s recent healthy profits report plus a few other bits of better economic news here and there, and in truth bkir is at the moment just moving with the crowd.
A consolidation at something like .27c would seem logical. But I doubt we will see big institutional investors moving in, pension funds and the like, until bkir starts to pay a dividend. At that point I would expect to see it soar to 1 Euro and beyond. So, long term hold. Be patient everyone and this little bkir will make you a great deal of money. I am currently looking at just over 100% (paper) profit but confidently expect to make a great deal more.
Bank will want SP to break 1.00euro barrier to qualify to bring onboard Institutional Investors along with exiting penny stock status however with over 3.3 billion fkirs currently in existence a RS will be needed to breach 1.00.e range.
These figures look very like green shoots to me - Market Cap 5.5 is new territory - uncrossing trade also positive at 8.5 MLN so I have to agree with Chasrutledge we are moving.
Just wondering where Ranger sees the reverse split coming - I would be looking for mid 20's hopefully.
Golf was good also today - not vintage, but we enjoyed almost perfect weather and the scoring was better now that here is some run on the ball.
What can go wrong - unless you were listening to Lawson today - speaking up for our financial "services" industry.Well past time he was put on medication after what he did to the pension pots of so many people when they were selling off british industry or liquidating so many company's and their pension funds.
Onwards and upwards - we hope - interesting to see that a share which opened at .175 and closed at .183 is reported as no change.
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