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That's great thankyou. Only stuck a few hundred quid in, but got in at 22.76p so happy holdings.
( ok it's frozen lol, but still glad I'm in! ).
rising now, today's high was 35p, should match that!! DYOR etc etc
Closed at 8 million yesterday. Since then been awarded $27 million. And maybe another €35 million to come. We should be sat comfortable with a market cap of 35 million.
The current price is indeed undervalued. The cash award alone is greater than the market cap. And then you have to add the core business which is the Belize Bank.
Hi all. Not currently invested yet, wanted to ask this question before I decide to buy. With an award win of $27.5million, the current MCap is £20.5million. So does this mean the current reflective price is undervalued by at least 50%? Or has this already been factored in?
23p to buy SHOULD start to move up into close. Bargain prices they are that short of shares that they used the scare & drop move. Happy to have loaded up more
At these bargain basement prices
RNS WAS released yesterday @ 5pm after markets closed It gapped up straight to 25p so with 27.5 million & 35 million could also be announced any time this is very undervalued. Billionaire SIR Ashcroft owns 80% of the stock = these guys know where valued to be had.
one would hope would be receipt of $27.5m anyone holding now and worried of decline should take comfort when money is received - the SP will go a lot higher than this
Just noted, 27.5m RNS was 5pm yesterday, that's why rise today with no RNS!! Dhhuu!
...
BOUGHT more & this will move as quickly if not quicker then before. Watch this space
And it can be bought! :o)
SHOULD MOVE higher towards close RNS = 27.5 million award 35 million further can be announced any time. Share price very undervalued= with both £1+
very strange happenings. hopefully just a tree shake to remove the weak. at 22p it seems an excellent buy in and you should be making easy 50% in the next 24 hours. but if the market was that easy to read we'd all be millionaires
There was nothing available to buy so they had to drop it to collect. 27.5 million is a very healthy amount here. Undervalued & coupled with the fact they are awaiting 35 million award you wouldn't want try buy as the gap up would instant
You are profoundly right. This means that the core business (the Belize Bank) is thrown in for free.
this is a common sense buy. the company has just been awarded more than its market cap
switching off now... I dont want to panic sell! A few buys trickling in now.
Jus don't panic this has all the hallmarks of those mm scaring & dropping the price in order to collect cheap shares. Happy to be here
Def stuff going on behind the scenes. Big late reported buy(s) I reckon.
Dropping it a lot considering virtually no sells being shown.
Fighting a losing battle.... 19.4 to sell now. Strange goings on. Level 2 showing 13 next :/. Only 3 MMs which doesnt help.
I would take ADVANTAGE of this @ this level going to do well here Billionaires who own 80% of the stock are no fools