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Nobody knows then I have underestimated how weak this stock is. And it only makes a collapsed more likely. Looks like I'll have to average down next week with at 56p
"Remember most people are sitting on 75p shares now"
Anyone who took part in the open offer and hasn't yet sold isn't sitting on an average of 75 buddy. Math obviously isn't your strong point. It was 4 shares for every 7 you already had. ...doesn't leave anyone sitting on 75p a share.
some retrace is to be expected. shake off the weak holders that remain and allow saint-tropez to get his sub 70p buy or topup?
It's in the 60s currently, 69.75 showing my side
hopefully won't see 60s again soon.
slowly slowly catchy monkey. 71p being paid.
Also I don't believe it would be possible to deramp a large market cap FTSE stock, that tends to only work on micro cap stocks.
Ramzan thank you for updating us all that you have no opinion. My opinion is the safety net for most shareholders is now gone. To be that is a clear confidence driver. Except this time it affects almost every shareholder not just those priced in higher.
oceanpassage has been deramping this share hard!...lol. I don't really have a view but man...
we came down hard and quite fast. the opposite could now happen we go up fast. maybe over £1 i wouldn't like to call exactly where to at the moment.
i've seen shares drop off ahead of a placing/RI and then soar afterwards 35%. TED SP didn't fall much, the fall came just before the new shares got issued. so you could argue the opposite that all the profit taking on the 75p shares is now done. so SP can recover.
Remember most people are sitting on 75p shares now. Losses emerge for the vast majority of shareholders now we could be looking at a collapse of confidence in the next 2 weeks. This rights issue price has kept the vast majority in the game. The safety net is now gone. Potentially collapse in next 2 weeks.
if SP gets to 76p that 50% of the drop from 86p 4 days ago.
i don't know its before i was born *joking*
Off the 23 year low you mean, don't you ?
stoch under 20.. well oversold.
off New 52 Week Low. bullish.
Doji - Bullish? if we keep this rising going hopefully to 77p. i'd be happy if we bounced that much today.
"you are flogging a dead horse my friend"
More like a meandering horse, but it may start to gallop soon!
MACD Bullish Signal Line Cross 2 days ago.
DBNO, you are flogging a dead horse my friend, £20 a mere two years ago and now ....
Cut your losses before final nail.
DBNO's technical analysis is sheer optimism only! That said it's showing some nice upward movement currently, if it goes back up on a continual rise imagine some stop losses will have been taken out and bugger money allowed in cheap, outrageous really
What technical analysis you done to say the trend has turned?? Have you looked at MA crossing? buy signal??
all aboard folks? almost 71 now.
US futures are up now. well off the lows. FTSE should follow.