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Market cap
Low free float
Was 79p on ipo
Covid beat it down
It’s recovering and sales are up
Why does it look incredibly cheap ? I'd like to know why rather than all the endless going to 10-15-20p ramps
I want to see that 52 week high get smashed and then together with good results a a positive forward looking statement we can start to think about getting closer to ipo price area
Boooooommm, in auction. 15p coming IMO. Solid buying.
Just invested here, this looks incredibly cheap. Good luck to all investors.
Someone knows where this is heading!
Not a pump and dump. It’s a good investment
Mms dropped it too low
The also mentioned they are Currently trading on an EBITDA positive basis.
That's crazy for a company that's circa £2mil
So few shares around that if the results are as good as we think this could (and I repeat it “could”) make a huge move to the upside. Look at the enterprise value cash etc then look at the mcap it’s so disjointed IMO.
I always do that Reece whenever the opportunity presents itself. I’ve missed out on some gains but I think it’s saved me more than it’s cost me
The order book looks solid so if they were dumping, MM's would have dropped the price to sub 7p. Looks like we could tag 10p today without news. If the results are good, we are looking at 15p 20p++ IMO.
DYOR
I’ve sold half and remainder free ,my only concern is when they don’t put a value on increase only percentage figures .How many times have companies used this method,if the value was huge they would publish it ,still low market cap so decent value long term .
The funds raised during the year provide additional working capital to facilitate the continued implementation of the Group's plans and will be applied entirely towards meeting the Group's ongoing working capital requirements. With the pattern of deal flow we are experiencing we expect to be self-sufficient in working capital terms in FY22 and can therefore start a prudent series of investments in resources to help us accelerate our growth.
I am holding 40,000 shares. I was just warning people not to get spiked without doing their research.
It would be great if we go to 15p which it could if the results are good as we all think they are.
DYOR
27th March 2020 RNS and then read the subsequent updates along the way. This will do well so long as we don’t see more it was only listed in late 2018 and had barely got started by the time the world went nuts.
Mark. We'll put. I notice the pampers and dumpers parasite brigade are here let's hope we are right and this is a grossly undervalued and potential profit making coming unlike most of the crap companies out there and the parasites miss out on a cracking value company!!!
A share being pumped doesn't mean it doesn't still have good potential.
Regards whether it's being pumped the amount people are posting on orher boards about it says it alll
It's been pump and dumped for a year by the same person on twitter, it's amazing how many times you can buy sub 5p then dump 6-8p range telling others it's going to 10p+ while keep mentioning it was floated at 79p like that matters. There's some shameless operators especially the main one who for 20 years tells people stocks are sensational yet has never held any one more than a week unless suspended
I am struggling to see how WMC had approx. 2% of the company (500+K shares) to make 10k yesterday. Also, are you trying to get in cheap Mikey?
Yes time to close my small punt, greed has always led to losses for myself on aim. Hopefully still lots of legs left though.
MickR. I don’t see this as a share that’s being pumped. Results are due any day and from the last set plus the reopenings post covid this set should be much improved. This is as low as it is as a result of the last couple of years. Pure recovery play back to get a level closer to ipo price
Yes been watching and no way I'm I buying into something that's being pumped so much
Newbies should be careful not to get spiked here if this share is being pumped.
wressmycash on another board:
" I made 10k on inx.
Good for us too because I put the profit straight back in here
Boooom"
7.67 paid