The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
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Correct Sahid. Interest growing !!
Oh yes, not having the most lucid of mornings...
We had 2 yesterday , didn't you notice Hargreaves Hale at around 3pm.
3, cockney? Lse only has 2 lodged in 24 hrs
Well,well like London buses, 3 in 24 hours. Just a nice contract RNS should help this move properly. Looks like something good brewing here.
Let's see - warrants get priced in by the market in a weird way - rather like how the investors were willing to pay 8p/share but the market took us for a long trip under 6p. It's all games to try and force hands. Also 10p has proven to be resistance point so I think it will need growth news to bust that, but I do think it should now hold some gains between here and there once the alight ongoing cash worry dies. The results were good in that regard, but not good enough to put it to bed completely. The increase in accumulation from significant holders is good and the interims might well cement the recovery path - depending what they show, of course. But the omens look good for continued steady recovery IMO.
Jim, surely no one will convert their warrants for less than 11p and they have 2 years from the placing to convert so why convert before then on a rising price trend. You may get convertors selling around that date but price should be well above 10p if all goes well. I believe that everything being sold now is eagerly snapped up indicating a shortage of stock. No LTH's are selling because they know the caliber of those buying would not do so without feeling confident that the corner has been turned.
I'm a bit more bullish - my gut feel is this will lift off the floor once market is convinced more cash is not needed. Once that is established I'm targeting 8-9p, but agree it will likely need news to break 10p as there will be warrant resistance up there.
3Putt. SP certainly seems to have settled for whatever reason but IMO it is going to take order news/trading update to move forward. As you say gut feeling is good.
What happened? No 1 trade before this afternoon's RNS!
really like the way Richard has simplified the company since he took over, I've missed out on gut feels in the past and this one feels right, I also see Hargreave Hale are in heavy and have a good record on microcaps Profits from the past help too ;) gl all
Unicorn tech co - that would be a good thing, now...!
Thanks Cockney that could prove useful. His main 'job' appears to be Chairman of Mears Group so maybe he can steer the Minimise team through a few doors.
You seem to be correct Sahid , lets hope this is not a bad omen. He is however on the board of Unicorn Asset Management also so maybe another ii could take interest.
Well done guys JImbo you should have given me 10/1 lol you could have won a fiver Onwards and hopefully upwards
Wasn't Robert Holt the Chairman of Green Complience?
Well,well there is some truth in these old myths after all. Shame it wasn't something a little more exciting but at least its a positive not a negative.
Well - we got the RNS. Nothing groundbreaking but another holder over 3%. Accumulation phase...
Sorry - you never know on here. Had some guys tease me in the past and with hindsight they must have know. I'm just open to anything in this game... But on balance 90% sure it won't be a placing. (head above the parapet now).
No do you? Does anyone? My original post did end with lol !!!!!! GLA
Fred do you know something here, for sure?!
So would 10/1 be appropriate?
Also if the directors' buys last week were intended as a pump to push the market up prior to a placing they would have been on the open market, help push the price up. Would be really weird to buy new issue shares if trying to pump the price! So no. My money is on either the '1' being a joke or miss-key or news being something other than that.
If it is then recent buyers at 6.75p will be kicking themselves they paid over the odds. Buyers like the chairman and CEO buying at market rates last week... if only they had known what was around the corner... lol So no, I'd be amazed. I wouldn't put it past some CEOs to try and bolster SP with some buying pre-placing but not RH, and def not the contractors taking shares in lieu of fees at market rate. IMO