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Thanks RetiredBanker
Wish I had waited as its now 0.0438 to buy lol.
Spread has closed and a few grand buy moves it up 10%.
Let's see what happens but I'm glad I didn't go too heavy.
When it bounced a little on Friday I was going to put 2500 in at 0.0659 but luckily I waited and halved the stake.
GLA the spread is only 8% and not the 25% spread it was
Neil777 - good luck with your punt ... as you say yourself only risking £1200.
I'm thinking of doing the same but have decided against, I'll take my £3750 loss on a punt back in May.
This is a widely held share with the largest holder only having 11% currently. The BoD and their insider buddies need to get a significant stake via the £1m placing ahead of delisting. How do they accomplish this ? Well even issuing 2bn new shares to themselves at 0.05p only gives them 33% of the enlarged mkt cap to add to their existing holdings. I think they're going to need to make it atleast 5bn new shares at 0.02p to accomplish their objective of taking over the company on the cheap and going private before making money. Sadly this is all too common on the supposedly regulated UK stock market - small private investors get taken to the cleaners !
you'll know how little cash they have by how quickly this £1million raise from the major share holders comes along ahead of the delisting. I am assuming they are doing it to wipe out PI's while raising whatever cash they can.
Maybe they'll try and engineer a spike to get some momentum trading.....but I doubt it.
that was cash = £0.7M for June...
End of June it was cash + £0.7M
A few days ago it was cash + short term receivables = £0.7M
A sneaky difference you might say...
jollyspeculator
No one is here for a LTH or because the fundamentals are brilliant. The board sound like most AIM boards, corrupt and only in the job to get a wage.
it will delist I have no doubt (but that could be 2 months away)
My original point was I think it will spike as they always do when they drop 60% and at an all time low.
I'm in at 0.0489 and only 1200£
It's not end of the world if this doesn't and I will sell and maybe lose 400£
People on these boards ( not meaning you) don't like anyone to make money as they themselves have non to invest or trade clearly.
AIMO
is bewitching beauty
perhaps look at the cash + receivables end June
& then at the £0.7m remaining a few days ago
you might wish to compare with revenues (or more relevantly gross profits)
I love DMTR...mostly cos I loved riddler
really????????????????????????????
playing the spiking game is about as risky as it comes...esp if you do not understand the market that dmtr is addressing; its management's trackrecord and its financial metrics
gl
Wow jealous aren't you of anyone making money as you clearly don't have any to invest and just go round boards deramping.
Sad that you went to read my history haha. You need a job mate. Too much time om your hands.
If you read it correctly you will see I had bought in and was commenting on the RNS at 1.67p before the spike... but of course your conveniently missed that..
Sad little boy with no money to invest
Your history suggests that you switch your views based on your position, to put it simply you deramp/ramp a share to your own benefit.You were clearly our when you predicted a crash on delisting RNS and then realised that there will be a "spike" along the way.
Off course you did!
Oh sham read the full history of mine for MEAL.
I bought at 1.67p and did 100% before buying back and making profit again.
Like your history of deramping but not actually owning shares is all to see. So is mine
He is relying on bigger fool theory as things stand if he is fool enough to invest in dmtr when it is about to get delisted, there is a chance that someoneelse would want to take a position too and that would let him escape with a profit. He has backed meal too and that is not gpijg well either!
Nile (sic), are you missing a '?' and/or '!' on the end of "...Embarassing wasn't it"?
I also think it would read better if you had written 'Embarassing ISN'T it?".....IMO.
Have a nice day, good luck with your ramping.
Learn English before you post again baldy... it may serve you well when you post and you can't even spell because. Embarrassing wasn't it
Shaml89, you are talking a lott of sense imo. Neil is talking twaaddle. He is obviously trying to create a bit of false hope by investing £1000 and make a quick trade on a false spike .
He doesn't even know how to filter someone becaus he still in responds to you.
Chancer imo
Not sold at all. Just not interested in your views as you don't obviously hold any shares in any company and just go around posting on anonymous boards as you have no actual cash
Looks like Neil has sold , these types are not known to hold any shares longer than couple of days at best!
I am more of a value investor, however investing in dogs which have no intention of making a penny in profit is not my thing. Good luck may be you should take a good look at Ptr it is about to get suspended too!
All relative to how much you have.
I see you have no money is why you are not invested in any shares and seem scared of anyone making any money.
Sad and very predictable the way you post.
Filtered
Keep going like this and sooner you would have no money left. As I said getting in a company that is about to delist is a gamble.I see you took gamble on meal as well and strangely enough that is another dog.
Well as you said your not invested here so dont worry about it.
Get back to the other boards where your still not invested and being pessimistic there too.
Shame you don't have money to invest or trade obviously
And I am stating this wont "spike" market is hardly wrong and as I said this company has been surviving on placings for some reason.
I don't want anyone to buy I'm simply stating IMO will spike.
Your 10 quid won't spike any share.
Looking at your history you don't seem invested In anything