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Knigel, with the greatest respect, when this relisted one would expect the SP to be stable until there was some news either positive or negative. There has been no news since DC presentation and RNS, and the SP has just plummented. This I think shows how the market views this company and no amount of ramping or deramping comments are going to change market sentiment
I'm deeply invested in each of the 61 investments and the 12 angel investments in my portfolio because they impact my financial security and that of my family. Just as someone who works diligently to maintain their job for financial stability, to pay bills, and to keep a roof over their head, I am equally committed. Currently, the amount DC invests in the company is irrelevant. His primary role is CEO, and his duty is to add value for the shareholders, his employers, at which he is currently failing. Until he fulfills his responsibilities, he will remain a target of dissatisfaction.
You lot are obsessed!! So he’s like Ashley-Sugar-Green and countless other CEOs or large shareholders on the market - ensuring they make money .. you seem to forget has much of his own money in has plough in (at 3p) to keep this company afloat when he could just have walked away… we might have to wait until late May to find out if one of the two new investors come on board so I guess he have plenty of time to keep up with your DC bashing guys… but I bet if there’s good news in May - some of you will disappear like a flash or has a 180 degree flip flop of opinion .. so transparent…
Don't worry a little bird says it'll be 10p by Summer and 30p by Christmas
Just been quoted £0.62
Anything to do with David seems to be a way of him getting to live like a lord and everyone else bar close friends getting stuffed. He has no credability as far as I can see. Just under 0.65 to buy now.
However, this is likely to be though a share consolidation as they can’t raise funds at less than 1p
5p or 6p is coming
Quite right ASI.
What really does affect the SP is supply and demand. Sadly like today where past lunchtime there's only been one trade and its somebody willing to dump 250,000 shares at 0.6p.
LVCG need to do 2 things above all else to change this dynamic:
1) Ensure there's a wide demand for shares (and NOT by ramping/hype) - that needs solid improvement.
2) Stop the free supply of shares - that means cut out the penny confetti that's going to litter up the market.
Until then, it's all a sounding board.
Whatever is shared here is unlikely to impact the share price significantly. This platform serves essentially as a sounding board and a place to air grievances. Research indicates that groups like this influence share prices by no more than 5%-10% at most. It's akin to conversing inside a goldfish bowl; most people pass by without noticing, while the occasional passerby stops to watch the fish for a moment to feed us before continuing on their way. With my average at 2.24 and the current sell price at 0.60, selling now wouldn't be a wise decision. I'll hold off and wait for an opportunity to emerge that allows me to exit with my shirt still intact.
Well it be just as effective as the constant moaning - and ramping - on this BB. Some posters seem to think it makes a difference or will move the share price!!!!
Or he can stick his fingers in his ears and cover his eyes (filtering) because that makes everything better.....
Knigel, I'm not concerned with the actions of other companies; they're not pertinent to this one. However, if we are comparing, more are in a favourable position than not. Your comment suggests you invest only in companies with poor management. I expected a decrease in value upon this share's relisting, but this is not merely a drop—it's a collapse. You may be comfortable risking £30k on a whim, but I am not. The idea of DC stepping down seems unlikely unless forced by ill health. I don't have an issue with DC personally, only with his management style. He's an effective salesman but not suited for what follows, turning what should be a profitable deal into a costly error. My stance is clear: if the share price recovers, I'll exit, but I won't accept a £30k (73.21%) loss that could easily have been avoided so you will just have to suck it up and put up with the moans until the error has been reversed.
Knigel you’re right, time to use the filter option
Have you considered that relisting was an opportunity for creditors and directors to sell shares and regain some money. An opportunity for DC to secure assets through his convertible loan? All at the expense of shareholders!
Knco - don’t you get it? They are clearly not shareholders and may even be the same person imho… of course there’s plenty to complain about with LVCG but the AIM/small cap sector has had a dire few months - I have lost count of the number of companies issuing shares for debt or delisting!! I simply don’t know why a few here have not yet sold out but perhaps they don’t want to go from the frying pan into the fire re invest in another high risk share.. sentiment will change if one of the two investor options happen and we have new business lines.. also if DC takes a back seat… the filter button is quite an useful tool :-)
"Hughe nope it’s not £2m that’s when there were 260m shares , it’s now 300m i’ve accounted for that"
The market capitalization remains at £2.08 million, irrespective of the number of shares. What your figures demonstrate is the dilution of share value from the previous 260 million shares to the soon-to-be 300 million. As insiders depart from the faltering company, the share price continues to plummet, contrary to expectations of recovery and growth. Isn't it time to face the realities?
Knco - Who is the greater fool: the one who naively predicts the share price will hit 10p by summer, based on a madman's ramblings, or the one who seizes the opportunity to average down during the low share price, thus enabling an easier exit during a potential future surge? Personally, I believe it's somewhat mad to take such a risk and invest more after losses, but I can see and respect the logic behind it. On the other hand, you seem to be blind, in denial, and unwilling to reassess your investment based on reality.
Hughe. Everyone can see who the plonker is, you don’t trust dc yet you are buying???? Go figure.
Hughe- you are a nutcase and you make no sense, as dc can harm it, even if you buy at 0.2, ao that makes no sense, as for the other poster, they have enough cash until
Jan 2025 and they cant raise cash, nominal value is 1p
It is about supply and demand and there are creditors and directors past and present that will most likely be offloading. If those offloading exceed the number of buyers the price will drop until equilibrium is restored. That may be at 0.5 or 0.3, is the shareprice important? The assets they have will tick over paying debts and wages, just hope they don’t try and raise cash for more hair-brain ideas they can’t execute, or dilution will be massive at these levels. Keeping thinking about Startart if you want to know how much shareholders are valued and the motives of this company.
Knco, I am a nutcase and a fruitcake bashing my own investment? What a plonker you are. This company is run by an idiot and you profess that this will be 10p by June having bought at 1p+++ and now seeing your investment almost halved. At least I know when to buy and when to exit. I am in the process of averaging down to a level that even DC cannot harm.
Hughe, you’re the nutcase, bashing your own investment, and continuing to buy, you’re a real fruitcake aren’t you?
Hughe nope it’s not £2m that’s when there were 260m shares , it’s now 300m i’ve accounted for that
Those are MB10 style assumptions! Your charity insight is much closer to the mark.