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0.5% Spread,but AT driven,I guess any retail buying and this will motor
Primed for breakout.L2 17/10
Getting ready to blow
GLA
only just thinking same - GL, Duck
Big U/T at days high,bodes well for next week.
Roll on Ne t week and the much anticipated RNS , hopefully see some big blue days . A surprise and welcomed rise today......
Indeed
However if that 1 code for the believers
Is a positive incoming RNS on banking
Covenants or a Seafox bid
That’s fine
ATB
One share bought at 14.01hrs! Crazy
Someone sold 815 shares
Thanks for breaking up the day
Lol
Glad you said that - got enough of these already! Let's enjoy the peace.
Probably best the latter.
Nice tight spread though
...just to see what happens?
Or, should I let sleeping bots lie?
How very odd not a single trade in 3 hours
It almost seemed the bots where underpinning a base of 9.00-9.50 yesterday
We watch we wait
ATB
Even the obligatory 16.35pm trade was blue?
Calm before the storm GFD,remember what happened earlier in the year.
If Seafox takes the company out which is looking increasingly likely then 18pps not a bad return off 9.5p
Hopefully though a much fairer value if the BOD can get the covenants sorted,believe NAV is 94p,
Maybe back therefore to 40pps plus
GL
Finally a more sensible spread, hopefully things are settling down a bit with less manipulation before a Banking RNS and some long overdue uptick. I've got no powered left to keep topping up on the way down!
Is the stress test on the 30th an estimate GFD or is it definite? If so the board really are taking it down to the wire with these negotiations. An 18pps bid from Seafox wouldn’t be ideal but it’ll allow me to get out of this disappointment of a stock with minor cuts and bruises...
Closed @10.10p
Another 250,000 sell showed up should move higher as week goes on.
Hopefully the FRR court case will go in shareholders favour,they do deserve a good result.
GMS I recall had an almighty intra day rise from 10p earier in the year,perhaps you will see that again here,Im actually surprised that this isn't significantly higher.Seafox will pounce at 18p if the BOD don't get a grip,hopefully there will be a positive RNS re the banking covenant,that will be too late then for Seafox with a sp appreciably higher.
This is a high net worth company with an exceedingly low Mcap,you shoud do very well.
Hi GFD hope you are well
Just looking at this stock again it does seem to be a steal at 10p given the NAV,and a possible offer,low ball of 18p by Seafox .
Hope you do well with your 800k.
BRGDS
Hi Gfd, no I do not know the financial position of Seafox, I agree that it is a very impressive CV.
I just do bot understand why Seafox have not increased their stake by buying in the market at well below the 18p over the past few months, there was nothing to stop them going to 25% and they would only have to make an offer to all shareholders in they went above 30%.
Would be nice to get some news this week, at least the share price seems to be moving in the right direction today and it has shown in the past that it can move upward quickly.
Hi Gfd, do you know if Seafox have the cash available for a takeover and to fund the debt#.
Cheers