Canton forgotten in terms of progress reports do not come out monthly so until the next report its forgotten. The markets often let sp drop inbetween reports unless there is continuous news coming out. Take a look at RGD, in the same boat of sp dropping on no news. So canton and waggy waggy are both improving from last reports and are doing very well. As we get closer now to next report market is likely seeing this as under valued and a good buying potential. I can't check out when next… Read More
The £ could be helping but since most of Hydrodec sales are internal to the US (with mexico/canada) & Australasia with some exports, I can't see it having an effect beyond accounting changes. (certainly not the sudden change in sp)
Obviously it helps with UK HQ costs but I don't imagine they repatriate anymore funds than they need to. They could decide to take a longer term view and repatriate more cash, as in 6 months the £ should reflect the… Read More
Still in the dark about the why. The sudden change has me thinking it's more than the overhang disappearing. The price was deeply undervalued, so if the turn-around has continued, I can't see any reason why we wont (through the year) track up to the last broker target. (6.5p). Market wise,there remains a continuing strong demand, and globally the glut looks set to go into reverse in 2017.
I'm not speculating on other news, i.e. anything outside of an… Read More
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.