Jim I share your enthusiasm and belief in the near to medium term prospects of the company . But agree with Hammers that 2.5p by year end is a more realistic possibility . If the SP here did rise to around 2.7p then I would be about even and roughly £40K better off on paper than I am now. As you say patience will be rewarded . I hope so anyway , we have two chances.
Hammers The thing is if Actis does sign up that will triple VOGs scuffs which will be life changing for VOG also Actis more than like will add another power plant in the same area which would use VOG gas , 5p is quite likely IMO . If Bonaberi is as good as John Scott was making out VOG should go to near double figure within a few months , VOG is quite a changed company , patience will be rewarded , GL
It is a fact that in most instances the SP of non profit making AIM stocks have a trend retrace without news. The MMs take the opportunity to either lower or increase the share price to encourage either buys or sells. Its good that there is enough confidence in this stock now to underpin the SP here at a much higher range than quite recently when VOG traded around sub 1.0p. A lot of positive news in the pipeline which indicates that sometime soon that we should see the SP here rise into a higher trading range which should be firmly underpinned as each and every additional hook up will bring about an increase in company profitability. Fingers crossed for 2p+ soon here in the near term and steady increases from there in the future. It's all in the tea leaves. ATB folks.
Simon whilst I am as bullish as the next man regarding VOG I think you are wildly optimistic if you think that 5p is an achievable short term target. half of that amount would be much more realistic. Don't forget the issues we have had in the past, although I think many of those have now been resolved. Personally I would be very happy to be at 2.5p by year end.
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.