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Think it's cheap as chips at mo . Was thinking of a top up
Thankfully I’m in VELA, I feel that still has a way to go. Uncertain whether to add here or not.
Doesn't seem to be many buyers sadly mostly sellers . But look at Vela today jumps up huge amount in one day on no news as such no RNS . Could be the same here on news . Who knows this is the wild wild world of AIM . Mind you CEY didn't do bad for main market ! Two humongous drops a few weeks apart . Sigh
One piece of further news regarding triller etc and this could be a huge game changer, sometimes you can sit for months or years on a share and then you get that RNS you’ve been waiting for and all those months of waiting have been worth it.
Hope that’s the case here.
You’re buying in to the huge potential.
If you believe in the product/business, this is probably the time to be buying!
There comes a point where it seems vastly oversold, are we there yet?
Watched this for a few months now and decided to invest a small amount at 1.30.
Yep, itye 1970 I think your overview about covers it. Wish I had sold and not reinvested.
MS007, I think the fact they know the identity of the multinational (and the market doesn't) would preclude them from buying.
Unfortunately I think the will keep falling for a while now, there is currently no catalyst to drive it upwards. I hope the next piece of news-flow contains some solid information to drive us forward.
Still very disappointed that our CEO & CFO haven't utilised the opportunity to stabilise confidence & buy in. I know there's been comments about "Insider trading" but that only applies if there is an imminent material event about to happen and that I think is far from likely atm. We live in hope!
I agree Eddie, charts don't always show the real picture, the way it looks at the moment to me is, they announce a global tech company prices rises, they mention triller, prices rises, they then decide to do a share issue at a lower price than the SP was at the time , i believe it was trading at over 3.20p, they offer shares at 2.25p!! , they make 6 million offering the share price at about 1p less than it was then trading at, this is followed by a 30 minute webinar with promises of updates, then the SP bombs and no news since. They made 6 million pounds and everyone else so far has lost thousands!
When the next news land we should hopefully see a lift in the price. This is getting tedious.
i think this low price will tempt a lot of people to avg down or just get on board cheap.
Second wave is coming (not covid-19)
become a chartist, or atleast become familiar with it, and you would never of invested here short term. Long term potential
Hardly any volume, almost nothing. I think most people just waiting. MMs are desperate and pushing down price on no volume to "create" some market.
I hold for gold. GLA
I agree Mikey, he did say that there would be news, the webinar and its talk means nothing if the there is no news to back it up, lack of news is driving this share price down, I hope that the future is bright but hoping is nothing in the stock market, they want solid facts, its ok to talk a good game but these CEOS are trained to speak in public like sales people , so come on CEO, show us you are not just a car salesman but care about your investors, give us some news as people here are losing money fast and these are the very people who invested in your company!
It is getting frustrating I must admit PAUL said to expect a busy news flow and yet there been no news for over a month. Things must be happening would be good for just some form of update
If they had these contracts and as they say, a global tech why raise the cash? Wouldn't they been able to use the cash from this contract? Also didn't they secure revolving credit of £1m as well which they could have used. Either way they should give us some news here, people have invested hard earned cash and this silence is causing the SP to fall thats why people are selling. All this talk of a global tech company of which nobody knows who it is, the fund raise to raise money when they had these supposed contracts and no news is a big reason why people are getting fed up and selling
Bet the placees are loving the current share price!
Either they were forward sold or they have seen info that assures them of making a sound investment.
It tumbles each day because some people are selling it.
They did a share issue to raise cash, which they will hopefully be spending on growth.
We have to assume that news will push the share price up over time and I'm sure news will be with us soon.
I know this is a long term investment but still no reason why this share price tumbles each day, at least it should stay around a specific prove but it keeps tumbling down, also it would be reassuring if the ceo did post something the silence doesn't help investors at all. People talk about the triller deal pumping up the price, su7re it did but then it was hovering around 3p then they did that Share issue and that's when it started to tumble. At least they should give us some news, they took the 6 million, SP started falling but after that just a webinar and no further news!