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Next leg up tomorrow, only one day before the result and I think there will be a few big buyers out in force.
Isn´t this exciting Chaps (and Chapettes). People worried about bad news or good news. Hold your nerve. If it is bad news, which I think is unlikely (my humble opinion of course) and the shares drop to 20p then just hold. It will be late 20´s again in a matter of weeks. Simples !
The results are from 2019.
The results can't be worse than the price we have ended up at with £140million+ pounds in the bank and if the results where bad you can guarantee an institutional would have caught wind of it and opened up a large Short.
If any shorts are open that are below 3% .
Yes the old bod was in charge for the 2019 results but how bad can they be when they still managed such a large bank balance .
I'm holding anyway, looking forward to Friday.
Painful isn't it.
Even after finding out the news would be delayed the SP continued up, surely that has to be a positive thing? If people really thought there was bad news on the way it would have sunk pretty low today. You would think anyway.
Reading down this thread just makes me face palm.
The results are not for past 3 months it was closed.
Jeez us
That has been true and most cases with delayed finances but I don't believe I've ever had a holding already 500% over sold in a pandemic before so really not worried about delayed results that where before this all happened.
Heard some people on other forums saying "good news doesn't normally delay but bad news does". Is there any truth to this? Hard to know what to believe!
Profit and bailed lol. Its a recovery play. Sp was 400% higher 5 months ago. Even in march it was 250% higher.
A little Patience And nerve will pay much bigger returns - whilst others chase rainbows and no doubt loose.
That comment made me nervous! HOPEFULLY it’s good news and received the right way by the market.
Well, it's either delayed for good news, or bad news! I think the former.... but a stop loss a good measure in case it's bad and SP plummets. You won't be able to sell fast enough when market opens Friday.
I'm still in.
I am a little concerned as to why the update was delayed until Friday but lets see what happens.
I'm not really experienced enough to properly make a judgement on it.
I have a SL set so worse comes to worse and the SP plummets I will still make a small profit I guess.
This share has plenty of mileage in it - strong hold for me!
Hold!!!! :) News on Friday morning!
Why would you risk it ?
Who is still holding? Anyone took profit and bailed.
Can see this into the 30’s tomorrow imo....
Shorters will close before the update.
Soaked up a few weak sellers and filled that 200k buy.
Where is the holdings RNS disclosing who is buying? Think about that!
Why not. Bought more myself. Holding about 80000 shares now.
Thats exactly my thoughts @MaverickD.... just doubled up in case this rockets!
Warming up... 200k buy amongst a few other chunks. Bigger players waking up.
Errrrm I think we will probably be advised that IKO have jumped up their stake - my view
Ammu123 Even that would be under-priced. I have just sold some stocks to free up cash so i can buy into any weakness here on results. GLA
Close possible imo.
Tomorrow we should see 30’s