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Ah £2.31 @ 2.14 …!
Can’t see any trade at 2.31p?
Who buys £2.31? at a massive premium!!
Why do sites like LSE and ADVFN post these ridiculous spread prices. It is a big spread but it isn't 1.5 to 1.9!!! Also why do MMS create such a large spread. Hugely disincentive for potential buyers
Also article in this month's Country Life about the potential sale of Burgh Island for 15 million pounds of which the company has 5% might be another reason for share price activity
Good read.
https://twitter.com/Weardalelithium/status/1678345795861458945?t=aIAORuTPI6kSfJxfp2XimA&s=19
Yep I agree. my average is 3p... got 25k there I am confident I will make a good return in the near future...
Really good news today that new investor subscribing for nearly quarter of million pounds of shares at 2.25 pence a significant premium to way undervalued share price
Interesting to note that the company advised on the purchase of Burgh island in 2018 receiving a 5% interest .At present the island is On the market for in excess of 15 million pounds which would result in an income of 750000 pounds
At present without the above the asset value is 3.5 pence against a share price of 1.50 so now is,a great time to accumulate
Such a crap pump this lol
Yep this is a load whenever possible... I missed it at 1.10p area as I had no extra cash to put in... I am in at 3p mostly but will keep adding to lower average as this will be a 10-20mil cap company in the near future.
I totally understand why traders jump into a share and exit quickly. But sometimes, even on AIM , it is worth taking a long view. Really positive tie up with Weardale. This could be an investment that really does reward those with a time frame of more than 5 minutes!!
Great volume traded yesterday and very low priced for investment value
Earlofshame. The thing about pump and dump conmen is they are compulsive liars. They jump in and out for coppers and any ramp that spikes afterwards they are quick to pretend they still held and how marvelous they are but all the stocks that tank after which is 99% there is silence. When does the LSE strike you off ?
3p is my average :) LOL hold it until 6p !!!
Given today's news on two fronts, this still looks very undervalued at these levels. I would not be at all surprised if we see price action like we saw in Nov in BSFA and a couple of weeks ago in ONDO, where good news like this in a tiny mcap company saw the share price triple over a fairly small number of sessions from the lows. Holding here for at least 3p.
Mms have dropped the bid 170/180 but its gone nt to buy?!
Looks like they are fishing for shares
Glad Davy50 missed an opportunity to bank 59% profit, and those who follows his daily negative attitude towards me!!
well done holders
Marechale Capital plc
("Marechale" or the "Company")
Investment Update
The Directors of Marechale Capital plc (AIM: MAC) are pleased to note the
announcements by Burgh Island Hotel ("Burgh Island") and Weardale Lithium
Limited ("Weardale"), companies in which it holds investments.
In 2018, Marechale acted as adviser on the acquisition of Burgh Island. The
Company notes that, on 10 May 2023, Burgh Island announced its proposed sale.
In the event that its sale concludes, the Directors of Marechale anticipate
there will likely be an opportunity to realise its investment. Marechale holds
an interest in 4.9 per cent. of the equity of Burgh Island and the quantum of
any realisation will depend on the completion terms of the sale. The Company
will provide a further update to the market in the event of the completion of
the sale.
Further, the Company also notes the announcement by Weardale on 11 May 2023
advising that Weardale, a lithium exploration and development business based in
the Weardale Valley, County Durham in the north of England, has successfully
extracted lithium carbonate from geothermal brines and that these positive
tests results are amenable for lithium production. Weardale further states
that it now intends to accelerate and scale-up of its testing of increased
volumes of lithium carbonate towards demonstrating commercial scale production.
The Directors of Marechale are pleased to note the positive developments at
Weardale, a company in which it holds an 8.5 per cent. interest.
When the Company's half-yearly results were reported on the 2 December 2022,
the Company's balance sheet showed net assets of approximately £3.48 million,
representing approximately 3.6 pence of value per share in issue.
But you sold earlier it's so obvious.
It's like day follows night
when Davy50 comments on my posts, the Sp goes up.
I told him many times Davy50 is my lucky charm!!!
Earol so you are off to another, I take it you are now out.
So you think it's acceptable to tell people a stock is going to rise 1000% just so you can sell for a quick 5-10% ?
I never ever say to anyone buy this or that
as an adult we should do due diligence before buying.
anyways
like I say 60% rise in 3 weeks is tremendous.
more rock bottom companies to find...... wish me luck....
the search continues......