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It was inevitable even without this very good update as it was heavily oversold! A few market pundits also pointed this out! MM have very little and demand will push this higher and higher now! The significance of the new 7 figure contract is not even reflecting in the share price as the pullback went far too deep it was silly and greedy of them! IMHO DYOR
As per my post of 20th:-
"Too dear to buy (3.75p)...when the 6 and 7 figures is non specified. will watch for an entry!"
It is all about entry price.....so I'm happy to deal @ 2.7p!
GLA
Very robust and positive trading update! Looks like EXR set for pivotal growth year in 2024! The 7 figure contract they pulled in is clearly just the start of things happening here and in a sector which is gaining popularity with investors on all fronts! Makes for a great buy at this level indeed! IMHO DYOR
‘David Whelan, CEO, ENGAGE XR, said: "The Group is in robust shape due to the actions we have taken to cut costs and focus on our sales pipeline. We are pleased to confirm that we hit our revised expectations for FY2023, and the recent contract wins highlight our strong position, especially in the education, training and development verticals, which we expect to be the main source of future growth. The Board anticipates that FY2024 will see the benefits of our partnership with Lenovo come through, and we foresee increased interest in spatial computing / metaverse services with Apple's release of its Vision Pro headset this month, and new devices also expected to come on stream from Sony, Samsung, Google and Meta later this year. 2024 looks set to be an exciting period of growth for ENGAGE XR." ‘
Mr.B, I'm not sure if the market it will see it that way. ..but let us see...
…solid, reassuring trading update….should rerate significantly….
In to next level looking at 2.70s to buy now. Can’t believe this is so far under the radar! It’s actually a sea of blue buys with a few minor sells. Into 3’s easily with even hardly any volume trades. Sellers will be kicking themselves when it does. This hasn’t traded this low since mid January and well before this huge contract win! IMHO DYOR
Small amounts available that’s all then into auction on buy side says it all really. If people are allowed to get in this will push it into next level easily or take what price they’ll give you to be able to buy some but 3’s are on the horizon! IMHO DYOR `
After that amazing sales update there’s no rhyme or reason for this to be trading so low and pulled back 4 days in a row in fact now lower than when news came in. Picked up two tranches this am as could not help myself. Way oversold and ready to retest the 3.40’s at the vey least! IMHO DYOR
Brings to mind that dictum: "In the short-term the market is a popularity-machine. In the long term, it is a weighing-machine". Let us see where the EXR sp goes as 2024. Hopefully, a transformative upward change in income will come to fruition.
Share price is now below where it was before the very positive sales update two days ago. Seems crazy. Be interesting to see if there's anymore late reported buys come through today or tomorrow.
"at that price it was a buy", yes, agreed but since that "buy" the sp has reversed by 30+%
At that price its a buy.
be keeping eyes on this tomorrow
£168k late trade @ 3.577 showing up from yesterday
🤔
Aden69 I don't blame you at all
Look at HDD a raise at 4.35pm announced of 0.8 million at big dilution and the SP already all time lows.. then HZM and so on
It's lethal
No way does this drop in SP reflect what this company is achieving law yesterdays RNS, this is no longer a market it's a boiler room. Had a gut full of AIM, it's become a cesspit. Time to cease investing and start clearing out funds.
This is absolutely mental and who ks selling for less than it was BEFORE that bumper RNS yesterday
I've had 3k more at 2.69p and will hold for more contract news
Neil777 the spread is 2.70-2.80
Learn to chart what did I say yesterday as you were getting
people in to buy high 3’s so you could sell out
now someone throw this ramp artist a life buoy
he’s drowning under the weight of his own arrogance
PJ
Just bought in this morning on the dip. I plan to add more in the future as well. This company has amazing clients ie PWC and a leading American bank, with more to follow i am sure. Virtual reality is the future and those companies harnessing it will do very well. EXRs SP will also do very nicely. One to keep adding to.
…we are living in…yesterday just the two announced deals worth a minimum of 50%+ Pfp last years total revenue….and we are still in February…yet only a measly 10% up (from close to an all time low) pre rns…surely will rerate short term…sit tight and enjoy…
Picking up now, 3.20 on Ask, top MM on 3.80
A liar and a cad haha
3.80p... give up AIM
You appear to be a class act!! Yesterday you were full of L2 comments and today full of something…. Trying to be polite here…shall I say inconsistencies ….
Hope you made some money here after all that’s the goal…..
Lol. SP is now tanking.
this little board cannot influence the share price. are people really that ******ed?
:-)
Just keeping the board alive, was deadly lol