The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
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
Increase in book value is due to revaluation - careful!
Haha i thought so
NO, its 23p - spread is ridiculous and some will get burnt!
"Am i reading that right ?"
No, you're not.
Am i reading that right ? its now equivalent to £23 a share or 2300p?
And no rampers!
Seemingly permanently in auction!