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NCYT 6p to 60p - 60p to £6 - £6 to £12.
SYME .05p to 0.5p - 0.5p to 5p - 5p to 10p
Corrected for @little earn. Well done for spotting!
If I thought I wasn't going to get a decent return in the next 6 months...3p....id be off.Stock markets generally look 18 months ahead so if expect concrete news comes soon then easily see sp over reacting especially with such a small amount of shares available. Its in AZ and his mucker best interest to shift this along as fast as possible before competition comes along
It's always good to know how much each penny or half penny etc adds to the market cap. In some shares its pounds you can round it to that to. (think amazon)
I use percentage too. GGP wouldn't do 100% as easily as OMI due to market cap.
That’s because your using 1p as your benchmark though right, I use %.
Missing the point I'm making @Wolf.
Because of the fact there is so few shares, each 1p rise is far easier with OMI.
So when I had a spare £1k, it was obvious GGP wouldn't bag from there, OMI would multi and still will.
Oh and with your sharepicking skills If you could throw some companies my way :)
I’ve had punts on GGP, KEFI, SNG & AVCT as well but more followed the crowd as I don’t really understand mining or healthcare so haven’t managed to get in early.
No one ever notices my mistakes! At least I always notice them, after the case. Should really check more..
NCYT 6p to 60p - 60p to £6 - £6 to £12.
SYME .005p to 0.5p - 0.5p to 5p - 5p to 10p
Yeah SYME will probably do that but not in a year..
WG - I really don’t get this. Surely the bagging is just a percentage from one point to the next and you have to look at any gains in terms of % rather then £ or p.
So it’s therefore irrelevant if a 1p share becomes a 10p share or a £1 share becomes a £10 share they are both x10. So in your GGP example you would have just owned more shares that had a lower value.
Numbers of shares is a consideration for investors. Yes its related to market cap but will worth always considering and using it to help you gage if the share you've bought really can bag quickly. For example a recent buy of mine was OMI because of how few shares are in issue. A lot were comparing the grades to GGP so I looked further. When I saw the 160m shares and a small market cap I snapped them up. That was at 5 & 6p just a few weeks ago. Sliced at 42p last week.
GGP with billions of share in issue would have £32m added to the market cap every 1p rise.
OMI with 160m would have £1.6m added to the market cap for every 1p rise.
As I view companies with the intention of buying. The amount of shares in issue is a massive factor for me. I have always been aware how many there are here. That's why I know this is a long term investment.
Surely the number of shares in issue has no relevance? If both companies had the same market cap when you invested your £10k you would just have a higher quantity of shares in Syme that NCYT. You would still own the same % of each company. It’s just cosmetic.
I know the market doesn’t always work that rationally when Apple and Tesla both split their stock the price of both went flying up (perhaps because it made them more affordable for the retail Robin Hood type investors) but no additional value was returned to the shareholders from the split.
Agreed. This is an AfterPay type share.
You have a very valid point. NCYT is the only other company I own I would say is better than SYME. That company is a model story. Unreal growth and performance by the team and share price. Share in issue has a massive relation to share price. Less the better obviously. Doesn't mean it still not possible. We would need to see £1 for an Equivalent rise.
NCYT 6p to 60p - 60p to £6 - £6 to £12.
SYME .005p to .5p 5p to 50p - 50p to £1
Won't be done in a year thats for sure! NYCT really is a once in a lifetime type of company. For any who got in there anything under 30p.
Well f***ing done!!!
What was NCYT in January?
A seriously undervalued company about to walk into world in need of its product.. Some similarities re SYME but will never be as quick as NCYT due to the massive amount of shares in issue.
£10k at 30p in NCYT January would be now worth about £390k today.
In this for the long term, but hearing people comparing the possible share price rise to that of NCYT is madness. You just need to look at the difference in the amount of shares issued by both companies to realise that SYME’s share price will always be severely diluted. Still hopeful of a decent profit one day, but it won’t reach the heights of NCYT