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If last year's timing is anything to go by we should be getting an update on Leap Gaming's 2020/21 performance next week. With SP well below NAV and factoring in a Leap smashing it YoY this should re-rate. Then you have the Leap IPO in Q3!
FYI - Gaming in general has grown double digits globally, but virtual has similar soft gaming products have outperformed. Leap are in this sweet spot, as operators shift to more experiential, engaging propositions. Coupled with the fact, Leap have continued to secure top gaming partnerships throughout the year, you have to be very bullish on the next update :D
and remember every dollar rise for Portage is 70k to FFWD, easy money lol.
everyone to there own Lucky, off to watch the real racing with a beer and get ready for the big game tonight.
I have been tempted on LSE level 2 usage , but having used the live prices in the past and the constant breakdowns in the service decided against it , google showing the direction of travel is enough for me as end of day is fine for holding a share.
Don’t like google doesn’t give mid price just gives you price of the last trade bought or sold, last trade a buy 8.60p and that’s the price google have it, deffo not for me
Do you realise that using capitals is considered (and feels like ) shouting OD? Use google finance it is free and gives up to date buys and sells , not quite enough information for the whole picture but gives a flavour. https://www.google.com/finance/quote/FFWD:LON
I agree more with luckyorange. The fundamentals are so, so much in our favour (if we included expected news stream in our definition of a 'fundamental'). There really seems limited downside here, and I can see some large sells today in £10k chunks taking advantage of yesterday's uptick. Makes sense. Nevertheless, a 10-20% downside perhaps, but an easy 50 - 100% upside? Triggered by whichever piece of significant news we see released first? It seems like an easy decision to make here to invest or stay invested. With some news, movement up, I can only see a steep climb following rather than a gentle climb.
TRY A TEST PURCHASE, TO GIVE YOU AN IDEA OF WHETHER TRADES ARE BUYS OR SALES. YOU CANNOT RELY ON WHAT THEY SAY:
THESE MAY BE BUYS
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
18-Jun-21 13:22:44 8.69 20,000 Sell* 8.50 9.00 1,738 O
18-Jun-21 13:21:48 8.700 20,000 Sell* 8.50 9.00 1,740
I realise you are managing your expectations OD but I focus on charts and fundamentals and to be hones both look good at the moment . Base was set at 8 for long enough and expect it to move up next week.
Only seven investors have paid 9p, at a quick look, to get in and they were not exactly large investments. So until we see a lot people willing to pay 9p+ for large quantities we need to hold our breath, unfortunately.
Do not get to carried away, there may well be a few large sellers around 9p. If we can hold on to 8.5 - 9p tonight it would be good. Go high to quickly and you will get a lot getting out. We need to have buyers gently pushing the price up, 0.5p a day would be nice, but we have our doubts if that can be sustained. 1p per week is what we would like to see, so holders can see the benefit of staying in for the long term. Overall things are looking better.
If we do go higher and there is a pull back, 9p may be as low it would go.
What actually happens though, we have to wait and see.
One 10k sell and no others , go through 10 and it should hit previous high around 15.5, didn't take much to move it to 9, if volume kicks in it will be fairly weak (10).
Portage flying
Yooma UP. And with huge expansions coming
LGP smashing it
Juv completing series ‘C’ funding & due to list in the coming months
Leap - no introduction needed
Cannabis being more accepted everyday
Edtech hotting up big time
Factom clearly not dead - instant value to the portfolio, hoping it adds £1m. Any more would be a bonus
FFWD SP near year lows. 35% below NAV
What a time to be invested
Both Portage and Yooma are doing well today.
Some left of field news that no one had counted on would be welcome.
I think most know this should be circa 12p before news flow, update next week?
FOMO buys?
Identical price for both, unusual, especially for FFWD. Looks like MMs may need stock so we could see a decent price increase with these buys coming in.
Investors may be thinking, lets get in before it really goes forward. Perhaps patience may be rewarded. We do need a good turnover to get things going.
When you see identical purchases (or sales) our guess is they are families adding to their ISA accounts.
Two large sales , 40,000 and 65,984, just about getting sufficient buys to match them at the moment, lets hope that we do not get a large amount of these sales to spoil the slight SP improvement.
Speak of the devil it’s finally up!
LGP will supply medicinal cannabis oils and medicinal cannabis
flower product (“Products”) for distribution into Poland by
Medezin under the Agreement, which provides Medezin with the
exclusive rights to distribute LGP medicinal cannabis products,
subject to meeting certain sales hurdles.
Medezin is targeting the sale of Products equivalent to:
• at least 20% of the Polish medicinal cannabis oil Market;
and
• at least 10% of the Polish high-THC medicinal cannabis
flower Market.
Until the MMs are convinced they will not get a deluge of sales if they up the bid price, it will stay like that.
If we continue to get purchases at 8.5p plus and plus is important then we will see a rise in the bid price.
They had gathered a lot of stock at 8.18 and once that is exhausted they will have to increase the bid.
Hopefully the big sellers have gone, but of course we will get those who just want to get out at break even so as the bid rises we will get sellers, Buyers will need to continue to invest to hold the SP
No matter what happens to the offer price and the mid price, the bid never seems to move lately, stuck on a 8p for a long time