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The other thing here is that loads of undervalued UK companies have been hoovered up by foreign investment companies, and if a bid were to come in for APQ it would have to be at NAV as a minimum, or it would instantly be rejected by the Board and big shareholders.
If the new NAV is confirmed in Audit and the price is still much lower, then I'll be in for a few of these.
The 50k buyer was down £3k in a couple of hours.
Exactly, and not one of them has every heard of the company before, and probably still can't even tell you what the company does.
Some moron cross-ramps it on a dozen boards, and a few dozen more morons buy-in on their 'recommendation'
What I never understand is the people that actually sell again at the lows. If a stock is capable of going from 2p offer 12p offer in days then if trapped in why sell up at 3p when you have paid 10-12p you might as well forget about them there will always be another spike then you might escape with a much reduced loss or maybe your money back.
Crazy this market for instant profits. Even a 400 buyer at 11p could not hold and sold for 3.375p...£44's worth selling for £13 lol
Dream on JeniH.
Assuming they're you're 16,000 and 5,000 trades, then the times are correct.
"happy to hold onto these for a while"
You haven't got much choice, your £1,260 is already down to ~£700
7,783 trader just lost £670 in a few hours too!
Trying not to attract too much attention I think - happy to hold onto these for a while
They've just gone through but the times are wrong
I bought 2 lots of these shares at 10.34 and 10.35 for 6pps but they aren't showing up - why would they delay showing them?
Fre1
well done for highlighting the spread, I was going to buy but saw the spread and your post.
saved a few on here......
12860 out with £900 loss -crazy and did say spread was ridiculous
The 12k is better paying 10p and selling for 3p but the 122k worked seller at 8p+ is probably jumping up and down, they could only get 1p for them a few days ago if that
The 4,100 and 5,733 trader with equally impressive trades
There's only 2 mm's in this, it does not matter what NAV is you need like a 100% rise to make 10% and a 200
5 rise to make a bigger %. Only the first person in made a good profit, everybody else is screwed especially the 12p buyers...even if it got to to say 17p the mm's will probably go 12-22p spread so still barely a profit
Was probably JWBellamy
This is what i mean - £1400 loss and example of not to follow and dyor
30207 pays 9.9p and sells 15 minutes later for 5.15p...Winterfloods drinking champagne tonight again
Right now it's an unaudited value and therefore take with a pinch of salt. Question is, what happens if they get the valuation audited and it is confirmed? Then I see it going up and sticking. And there is a lot of potential in a market recovery for stocks like this to be valued at a multiple of NAV. Back 10 years ago the norm for fair value in was 3x NAV, but since so much money flowed out of the UK stock markets (trillions of pounds) over financial crisis and Brexit, valuations have dropped to NAV or below. But market recovery is expected to start later this year, so really, for a stock like this I'd wait for the spread to close and the price to stabilise, then get a small holding for the long term. We are not all day traders like some think, many don't have the time or have better things to do than watch the screen all day, so go long and stay long.
Big jump in value. Can it keep jumping is the other question?
22 March 2024 23.87p
6 Feb 2024 06.02p
Why? Because it shares two of the same letters? These boards are an absolute ramping cesspit these days.
Maybe AIQ can follow.
Outstanding
Agree - the mm's clearly aren't willing to offer more than the bid price for selling, so immediately a buyer is down around 50% on their purchase with that large spread - crazy times as pi's have better odds at the bookies imv as mm's cream their funds
Judging by the time you started your tirade of BS, you paid around 10p.
Unlucky, you got spiked JWBellamy (prev. JAdams5000 and many other aliases)
Embarrassing cross-ramping across multiple boards, as usual.
Whoever got them for 3p, just doubled their money and sold out - the huge spread is off putting, gamblers ahoy!
If you say knock 20% off NAV