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Jonesrichard. I reckon you will need news on a new potential rto target for that ( or at least a very substantial rumour backed up by Background buying ) but if you look at the price before the last rto target was identified I see nothing in particular stopping this going 3- 4p region without news. It’s a gamble but one I’m happy taking for now.
I'm assuming cash is not great
KP GROWTH management who been increasing there holding are kwown for raising equity placings, ect
Only 62m shares (near as damn it)
Needs to be remembered
GLA
Do you see the 6/7p range being hit fairly soon then?
Hi Mediman. Yes traded in and out of Amigo over last couple of years, more recently TNT, Corcel and a few others.
Your summary of this is pretty much spot on a few people I know are holding this regardless and have been for a while. Would I bet the farm on this? … no I wouldn’t but I do think it’s worthwhile taking a chance … yep for sure!
small downside from here but potentially a great return imo
Evening chaps, recognise a few names here, Mark have I seen you frequent the Amigo bb?
Anyway, what do we have occurring here!? Noticed it on the risers list, did some digging, looking at management etc at least what I could find. So basically it's a clean cash shell, with a good few quid in the bank, not that's a bad thing but that's where we are and we are hoping it's a hot topic like metals we are used for.
Hopefully that's right as I garbled research together quickly late in the day to see if it was worth a small punt.
Was almost impossible to buy from 4pm, only 400 quids or so at a time, didn't get anywhere near what I wanted.
Anyone else got anything concrete to add? But purely as clean cash shell with money in the bank we are good value at 1m mc and that's pretty much others views?
GLA
Rare - could you enlighten us please.
TIA
Rare-groove. Anything to do with someone spinning out a subsidery?
And those rumours are? And from where? It's pointless ramping saying that unless you can quantify it.
If you cant back that statement up then its just BULL****
Rumours around RTO
What have you heard RG?
I'm hearing there could be some very special things about to happen. Looks like this could easily get to 5p this week with 20p the mid term target. Unbelievable potential.
Looks like some major going on in the background with that strong surge just before the close, hopefully something leaked, next few days could be very interesting here. lets see.
1m cap 200k cash
Seems like something is brewing all of a sudden.
these guys can quietly buy on the market quite easily
Strong movement into close!
theres been no pump.
I believe excitement around the sector being targeted for the RTO and the subsequent links to CBD companies. I would expect to see something similar if they announce another exciting sector. The risk is there but no value attributed to this at the moment.
When you zoom out on the chart on google there was a flippin massive spike early summer 2020. Does anyone know what caused that?
Or is it some kind of glitch?
Late afternoon buying will reignite the flame here.
7p pre RTO or post RTO?
I reckon you will get it!