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what do reckon to the week ahead? Another roasting?
1.5bn shares is a large number of shares, but considering current share price is less than 1p, and the demand at fundraise was high I expect a lot of these shares to be hoovered up. Raising 3.5m is no easy feat. A lot of confidence shown by investors, don’t expect excess shares available.
Any of you newbies factoring in the extra 1.54 BN shares that will be issued if they can get the prospectus approved by the UKLA?
This has huge potential. Fully invested, feel like shell companies / SPAC type investment are witnessing huge growth, especially stateside and soon in the UK based on recent announcements. £3.5m cash is not to be sniffed at, many companies on AIM have far less but have a share price multiple of PATH..... enjoy the ride, I see huge growth. DYOR
.....what I said!
The board have discussed the possibility of buying a cannabis oriented organisation.
Clearly the spread is tight on account dummy sell. however, The more rises will close up. All of us seen VCBC was 30% spread on less than 1p. Then it shoooted to 3p spread was only 10%
Spread not big on dummy sale/buy
Got in yesterday 500k @ 0.62p and another 200k from my daughter's junior ISA @0.58p.topped up today another 100k today @ 0.57p.any drop and i'll add.SPACs are way to go here. hope with this cash they'll be able to find a lucrative investment in few months time.VCBC,FPP Doing well.i have small stake in FPP but VCBC spread put me off.will add at reasonable levels around 1p.i have no immediate targets here.i'll see what assests they intend to acquire and then decide to hold or sell.
The real spread is 0.64p to buy 0.60p to sell.not what is showing on here.
may come good but not really worth investing today on that spread and no doubt monday it will go down
Halifax will not allow you to buy any of these at all. Message comes up saying no go effectively, why is that??
Predictable but only for today, keep that in mind. :)
1.5p first stop i have changed my mind not 1p.
Its under the radar.
This company they manage to rise £3.5m cash = they must have a very good plan to persuade investors to invest that much money.
Please cannabis or Blockchain RTO would be amazing
I'm in......fingers crossed for that 1p SP!!
Nice volume but we want the sellers to clear off. 1p first stop here
See you all at 1p!
Insanely cheap imho. Good luck all and enjoy the ride up!
This is an opportunity not to be missed, the only hard thing is juggling funds and loading up, don’t think it will stay at this level for long, can see a big blue day.
1.5p first target before any news or RTO in cannabis, Green energy or crypto
Normally all cash shell do double mcap of cash, for example pnpl, must energy, mac, crtm, and nak all mcap double cash in hand.
To be honest no need the calculation only it should be mcap 3.5m in which 1.5p plus if goes as all cash shell must be 3p
3p is the value to settle and wait for investment/RTO. However lets hope for real market value of 1.5p
I've been doing some research and worked out that just to get to cash levels the share price would need to be 1.1p that's double of where we are now.
£3,850,0000/347,000,000 shares. = 1.1p
Game on!
@FigTreeHarry
This has to be worth a dabble, doesn't it? Perhaps a medium size dabble at that!!
Am I missing something or is this THAT under the radar?
Last top up before 1p i have now 1m shares
It has £3.5m in the bank but is only valued at £1m???? If that’s the case. What a discount to cash! Can see it only going one way sooner or later. Dyor imho and I could be wrong!