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perfect time to buy below placing price
I really like the look of this from these levels. RNS today shows there is a proper turnaround in motion here
0.8940p..........to buy
just bought some
Yup - agreed - I am in with a small punt of £2K. GLA, DYOR
This was over 30 million mcap on loss making business that took 2 million a year revenue now new business projected 50 million a year jan to feb already 5 million ten bagger incoming
Should get trading update this week this will be transformational year dropped from 15p these shares back to 3p for warrant holders to sell out 8p target from fincap highest on there books on recent trading update could go much higher on new contracts
Q1 has been transformational period for revenues, if this doesn't hit 2p short term I will be shocked imo
Plus previous shareholders who took part in placing at 1p will still be under water and those warrants at 150 will have to be held until between 2 and 3p I got s 2p target here on next update imo
Trading update needed here and agree 2p should be on the cards, hopefully next week
AGM next week so any TU could well be on the morning of the AGM, next Wednesday
I spoke to the PR firm on Tuesday and was told trading update this week. It hasnt panned out by looks of it but should be early next week. Should also be very positive especially forward looking statements now loss making side of business is gone and focus is solely on MporiumX.
Can see a move back above 2p short term
Does look like a good turnaround story. Loss making part of the business now gone. I’m trying to build a position here. When are we expecting the next update? Chart looks good for a bounce on technicals alone too
MporiumX pumping out £1m revenue per week - looks like new rules on revenue recognition that resulted in this.. looks rather misleading..
Feels like it's put in a solid base around here. Tom Smith the new MD been working hard behind scenes and management restructure is in process.
Their loss making business has now gone, no longer a burden and with MporiumX pumping out £1m revenue per week if it goes profitable then will see an almighty rise from these levels.
Dropped from 6p to 0.85p. I can see light at the end of the tunnel