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Just for my own understanding - the RNS came out at 1342. The SP rose 20% in the 30 mins before that. Did someone know it was coming out, otherwise why did SP rise beforehand? Also, the SP shot up 3 minutes after the release - not long to get in!
If they got a placing away at 2p that'd be an incredible result for the company. Try 1.5p absolute tops imo and they need to raise very soon. No cash left.
Some people will get spiked, that's for sure. Always be wary when the rampers (who have no knowledge of the company whatsoever) start spouting how the share price will be 1000% higher in a matter of days. It makes me laugh. Let's be realistic, Geo will have to do another placing and soon. 2p for a placing is probably a realistic level but we'll see, anything above this is a bonus. But at least the company has some legs now to keep the lights on, it was touch and go there for a while .
eviking why would that be , last placing at 2p
And like i would take advice from mannnan , na don't think so. O look back to 2.5p
And heavy discount
Max wise words
Aim companies placing is always lower than previous placing, i have seen it all. that is how AIM operaterates, when there is no revenue to over costs, PI's pick up the tab, placees make a tidy profit often II's
It is all an indivifual's risk apetite based, DYOR
Happy. P&d
Look boy's and girl's , last placing was at 2p with no news. No big deal.
read the previous RNS. Licence already in place. this news looks huge for the company.
3p +
might even get to 3p today
No, I lost money in the last spike, was eyeing to enter, but it is like you have missed the boat in the morning, you look for another boat later on and not jump into water to catch up the morning boat :)
Bet he didn't!
Very true mate....did you buy any in the morning?
dont get spiked, masive p&d going on, there are loads of companies sitting on large assets and feasibility studies and drilling done, but cannot finance.
All the company has is about 300K in the back, if were to believe the RNS
if had bought in the morning great dont get spike now.