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Could just as easily be back at 0.65 in 30 mins... or 0.3.
Interesting to see it at this price after a reasonable open. suspect there is some room for traders here!
Just bought some! 825k lol
852k sorry
Worth investing in at 0.45? do you think it will drop any lower?
Could drop lower... it's now going to be played. got a lot of interest but doesn't mean it'll take. if you go in don't get silly with the amount... this is now almost fun/opportunist play.
And i don't think ANYONE would count it as an investment... more an 'if there's a herd, stay in the middle of it'.
It's hero or zero time. Now it's close to £0.5m market cap there's only so much further it can really fall price wise, it's a binary outcome of either suspension/admin or not. Brave pills required either way.
Its rock bottom now 404! Has to move as plenty trades coming in, every minute by the looks of it
What would you suggest doing with shares already bought? trade or keep for now?
Not sure this is the place for advice as it'ss a bit of a casino. but, if i had shares, i'd be looking to see how quickly the sp accelerates and try and sell them near the peak (but where that comes, if at all...?) and then see it as a loss that's not as bad as it was. but just imo...
I think it will drop to 0.30p, then that’s a good buy opportunity if it comes good .
Bottom now it appears, can’t buy. Also spread is the tiniest I’ve ever seen in this stock.
Zaara, this is probably the worst place for advice. You have to do what you feel is right. I just bought some after having watched this closely for many months. They said the company is still up for sale. So in my mind admin is still a minimum of a few weeks away. I think it could spike before then. But again, it could all go wrong tomorrow. I think it's worth a punt. Don't put in what you can't afford to lose.
GLA DYOR!
Thank you! I am fairly new to all this so dont fully understand the ins and outs of it all. Following this post to try get an idea for a family member. They had spent 1K when the share price was around 2p so trying to understand what would be a smart move to try and avoid too much of a loss :)
Zaara89
The 1k purchase if at 2p ish is now only worth about 200 quid maximum unfortunately.
The spread is very low and as my friend Mr Bond suggests there will be some kind of spike my opinion would be to hold BUT it's only my own opinion and definitely not investment advice.
Ah Neil! My have known id find you here! Hope you are behaving.
This is my quarterly shot at a dud that's at rock bottom! Hopefully we can enjoy some movement this afternoon.
Afternoon Bond.. have u dabbled?
I advised everyone how bad this was looking and hoe clear the rwd flags were BUT purchased at 2.19p like a dope as I expected this latest RNS to have been more positive and give a spike to 3p ish AND not suggest complete dilution for shareholders lol
I told Latino yesterday I purchased at 1.19p but I was being optimistic and when I checked it was 2.19p!
I like zaara89s family member need an ITS miracle
Haha GB I hang around all the utter rubbish shares as you know!
Neil, I hope you manage to get something back for your investment! Cant go much lower than here if any!
GB I'm not holding any hopes but it was only punt money as I did expect a spike
0.45p I thinks is worth a dabble especially with a low spread but I'm not going to as I'm already involved here at an SP 4 5 plus times higher
Be carful here if going for it is all I would say as of we don't get a spike soon the next RNS could be the one stating a deal struck but no money for PIs
Hi Neil! Long time! Hope you're well buddy! Yes I grabbed some at 0.45p, and then just bought some more at 0.40p. I think we should see a decent spike. This is reminding me of MCL at the beginning of the year. It dropped to 0.30p on Thursday, then hit 2p by lunch time Friday. Hopefully something similar here, with a bit of luck! But anything could happen so let's see! 🤞
I bought 852k at .45 about an hour ago Neil, fingers crossed. Still plenty buying showing at .45 despite the dropped bid. MMs have to go one way or another but the support at .45 looks promising for some sort of move in the right direction.
I dont actually mind holding. But say if this company ends up going to a private seller, what happens to the shares? Do we still have shares or do we lose them completely?
If they chose to take the company private (ie. Delist from the exchange, you would still have a shareholding but a lot less regulation surrounding news and company updates)
That would need voting through by shareholders at an EGM.