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Dreaming about this share last night .
17 trades to 9.30am today , 19 posts .
Spread 3.7% down 1.79%
Second only to 88e GCM Resources (GCM) 813 chat posts last 7 days here.
39 trades to 9.30am today.
Spread 3.37% down 1%
Jamess is here airing his frustration from asos holding, down another 3% - he bought in @ over 900p and is drowning. Thank you for the laughs as usual…you never disappoint jamess!!
Can all you silly billys post on a different thread .
At least I can see eight posters to ignore is my only gain here today.
Not exactly the talented Mr Ripley are you?
Have you seen how well this held up today.
Move on Ripley move on.
Where is the 7.65?
Answer = nowhere
It was nowhere near that when you wrote that so why write it.
Yeah, you derampers were spot on.
We are all devastated that the planned fund raise for May has actually come early & secured us a further £2mil in working capital. Enough for another 16 months. What a nightmare 😂😂
Great day folks, SP held up well above the placing price says it all. Investor confidence 👍
Ignore the noise
'Not the news the rampers wanted , the derampers correct as of today.'
The derampers correct? Never have been and never will be!
For long term holders it's been a great day - the £2m fundraise is done and is now out of the way, gcm's solvency is secured for 16 months at a price far above the last fundraise. And the price held up as a huge volume of shares were bought. We've just had £2m investment from investors who believe in the project. It's been a good day all round! And the big Bangla energy meeting at the weekend. Things are looking great from our end Ripley.
Lifesgoody - ''Ripley, did you miss the boat?''
Short answer - YES 🤣
This is more like it at 17:35 pm on tuesday evening 😊
Closed at 8.13p despite a placing at 6.5p with just under 9M traded of which very likely over 8M were buys (probably more) or thereabouts.
Firstly it shows massive confidence after a placing and secondly it reassures us that from all the provided verifiable information that things are coming together now more so than ever before.
Ripley, did you miss the boat?
What you on about ripley?
Not the news the rampers wanted , the derampers correct as of today.
Typical AIM share .
I never give thoughts usually just post trades.
Placing 6.5p
GCM Resources raises GBP2.0 million via direct subscription
(Alliance News) - GCM Resources PLC on Tuesday said that it has raised GBP2.0 million via a subscription of 30.8 million shares at 6.5 pence each.
GCM is a mining company focused on the Phulbari coal and power project in Bangladesh.
The subscription price represents a discount of 25% to the closing price of 8.63p for GCM's shares on Monday. The issue will represent 11% of the company's enlarged issued share capital.
According to GCM, the net proceeds will be used for working capital purposes, in order to progress the Phulbari coal and power project through the next 16 months.
"I am delighted with the support from the London Market, which comes at a time when we are increasingly more confident that the Government of Bangladesh is receptive to the advantages of domestic energy production; our focus and main effort now is to secure the consent to develop the Phulbari Coal and Power Project, which we are well placed to develop alongside our global energy infrastructure partners, Power China," said Chief Executive Officer Michael Tang.
GCM shares were trading 11% lower at 7.65 pence each in London on Tuesday afternoon. The firm has a market cap of GBP18.8 million.
By Holly Beveridge, Alliance News reporter
First large rise since 27th March two weeks waiting for it.
10.5p at 10am .
https://www.barchart.com/stocks/quotes/GCM.LN/opinion
These tea leave guys like the buy price.
Overall Average:
100% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
I don’t think he’s in it for an extra 2p.
£2 maybe ;-D
Down to 7p on Tuesday 2nd April 2024.
Improved a little each day to close Friday 7.9p
Searcher would be better off if he took the 9.4p he posted he saw on 28th March .
That is best they have been since all the excitement started in early March .
Interim Results for the 6 months ended 31 December 2023.
Was not the 7am RNS hoped for down 17%
Ripley94, I’m not being pedantic, but the close was 9.40 mate 😅
185 posts here today.
Closed 9.25p above has up 27% spread 5.56%.
Kept retracing to 3pm and held that to close.
Chart has it higher then the 11th.
1pm spike Showing up 25% up on this site , 33% on my broker site 3.30pm maybe they need to catch up as fallen back says chart.
Was able to place a trade , rejected for being to high at 9am .
Might up a little on yesterday shows above share price 8p up 10% spread 6.25% .
The excitement probably over.
16 days on from the spike to 12p I saw on 11th March , charts show price higher next two days which is different to what I saw .
Chart has back at the "top" 9.1p level on 19th , 20th & 22nd March.
I was offered a live price at 10p on the 11th.
The cesspit that is trading as adamk87 posted below , especially AIM.
Hi adamk87-Sorry to correct you but when we had 50m shares in issue and share price was £8/9,the m/c exceeded £400m when we thought we were getting approval.
Sounds too good to be true. :-)
But maybe this tine...
22m mcap currently was 250m previously when approval was about to be given back then, with a target of 750m.
Read that out loud, do your research. Weigh up risk v reward and throw in everything you can afford to lose. If it comes good you wave bye bye to the cesspit that is trading and ride off into the sunset.
😉 🦉
From this site.
Shares in Issue 243.17m
Market Cap. £22.08m
Market Size 30,000
PE Ratio -12.97143
Earnings -0.70
Dividend 0.00
Yield 0.00%