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Well that was unexpected.
Sizeable cash payment should see existing debt paid down considerably.
Retention of haydock site good news from a balance sheet basis.
I am quite relaxed with regard to my holding here. I feel sure the company is heading in the right direction.. Of most peoples radar.
Fair point, spindok.
I had a very large holding for me here. Case of too many eggs and under the current climate of chaos beckons safety first is the order of the day. I can still reap reward on those I still hold..
Surprised all those sellers giving up at 7.10 on a 10% spread when it's pretty obvious the market is taking them. I think they will regret that in time
spindok - Miton may still be holding 7% odd, as per their last RNS.
If so, let's hope they stay with us for a sustained rise in the SP to 10p+.
Reckon Miton must have the hump.. I have de risked and intend now to enjoy the ride..
On the up again?
We're still waiting for another RNS I think, judging by the trade data.
Or perhaps the trade data was wrong.
Link didn't work for me unfortunately
Absolutely. Just the messenger ;)
It's easy to get carried away, and dream of 15p, 20p, 30p.....but I'm not banking on any more than 10p at the moment either.
Mind you even that is a 50% uplift on today's SP.
I wouldn't expect any upward movement beyond that until we've had more news confirming the company's recovery - or a bid.
Thanks for that.. I think 12p is a bit ambitious. My target price is currently 10p. So many unknown unknowns at the moment. Very difficult at the moment to see potential anywhere so this is a breath of fresh air..
https://www.share-talk.com/share-talk-bulletin-board-heroes-tuesday-8th-december-2020/#gs.nlwvap
Some analysis on the charts. Seems the news from yesterday is going to send us back up over the next 6-8 weeks. Depends if you fancy listening to charts, though. 12p is the target.
Yeh spindok, it's good to have a busier BB.
I have a feeling there'll be lots more happening this week, so plenty of opportunities for insightful comment!
Fingers crossed, onward and upward!
Well once the board was just you and me. Now we have some extra posters and it is nice to see. You have to keep the faith and it can be hard but it feels nice when a plan comes together. The real work starts though in finding the next unloved company and also try to understand why Miton threw in the towel..
So 30% up on the day. The market has spoken.
The free float is very small & if the Miton overhang is removed by placed in friendly hands our SP could increase to 10p ish & then stabilise until FY21 Results- offering excellent short term returns to new investors.I have been invested here since before electricity so my best hope is a modest profit ( my average is around 9p & an exit ,at some point.If our recovery is sustainable i would expect JG to be looking at a disposal in the not too distant future in order to crystalise value in his holding
CRU has certainly caught investors' interest.
Has already reached 7p to buy, which is approaching a 30% uplift on yesterday
May not get to 10p as soon as end of play today, but that's still a realistic short-term target.
Great results and RNS today. Glad to be on board finally.
Carribean - welcome, m8, and good luck - we all need it!
I hope you don’t mind me joining the party?
I’ve bought a small tranche today and like what I’ve seen. Been following for a while, and wish I’d got in earlier, but not bitter. I see this as recovery too and resilient.
Good luck all
Mr BB - when a company from whom we have come to expect so much disappointment comes out with "solid" results against the backdrop of the unprecedented challenges of Covid, that represents a "stunning" performance in my book.
We will see in due course whether the market agrees with me, which in the end is all that matters.
I rarely get excited these days. This appears to be a recovery stock now so intend to hold..