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I'm trying to buy from 9am on 2 accounts, cannot buy a thing on IG
Still a big seller around as you can buy at the 7p bid price. Ps. Luke Burtis left a few months ago so you can add his 14m shares to any II overhang.
Luke Burtis and Alex Nichiporchik between them own almost 50% of the company.
HL, I can get a quote right now 7.5p to buy. Struggled earlier though.
Trying to buy on IG from 9am.......I've tried everything but it ain't happening.
I can’t buy on Barclays anyone else bought on there
On Stockopedia TBLD get
Quality = 89
Value = 90
Overall = 78
Okay, they only score 18 for moment, but we know that's because of the price falling.
These were 121p this time last year.
Time for quality, time for Tiny build.
I agree. Fully admit never heard of this share before this morning, saw the 85% drop and decided to research. Everything checks out, CEO owns majority stake, 0 debt, profitable in every year.
Just seems Covid and the cost of living has caught up with the industry. By no means should this have dropped to the extent on todays update. You could argue it was overvalued but i'm now certainly arguing it is undervalued.
Seen it so many times before, II's need to get out will stabilise and then rise on no news. Although I feel that the rise could be quicker here when the CEO & CFO buy tomorrow. (Call me mystic mouse)
Thanks was second guessing myself because that much cash relative to market cap seemed too good to be true.
No you were right first time.
Cash position at the end of December 2023 expected to be between $10-20m, below the previous expectations of at least $26.5m.
Plenty of cash, hit a hard time but 0 debt, will get through it. Just not one really for institutions to hold. Should see it back 20-25p in the next 3 months is my guess.
Correction $10-20m below the previous expectations, meaning $6.5-16.5m cash. Not great not terrible but the key part is they will have that surplus so in theory no raise should be required.
I do feel for any long term holders here, company has been mismanaged, but as a daytrade so far pretty happy with the bounce from 5.5p. We'll see if it retests that but with estimated $10-20m cash at year end this currently trades for not much in excess of that, there's only so much it can fall.
Plenty of sellers left judging by the 1.25m sold at 7p followed by around 500k at 7.5p and another 200k at 7p just now. This share has been bottomless since the backside fell out it in Feb. Once thing is for sure, Amati / Paul Jourdan have been taken to the cleaners.
you have to fill & kill it. pain in the **** but it is the only way you can get any volume. have a feeling they'll let it go later this afternoon but want to make sure there are no major sellers down here.
Tried on IG all morning still can not buy 5,000 worth of shares very strange
They are the ones who IPO'd this turd.
Spent 20 minutes trying to buy this stick at 5.56 but could not fill the order as I had to co.plete some weird form which just wouldn't go through aaaarrggghhh sp recovering a little now so a bit of although not a lot of relief for LTHs
Google Finance is showing this stuck at 15p. Even it can't understand the size of this drop 😂
Https://in.investing.com/news/tinybuild-receives-investment-bank-analyst-rating-update-3704359
Does look like an excellent potential recovery play. Wildcard is mediocre management/strategy but this drop overdone and arguably all bad news more than priced in. It fell so far I reckon had hallmarks of a fund looking to exit sharpish meaning potential opportunity on the bounce back.
Right, thanks. Are Berenberg the house broker?
Tough to get in at these prices. Might take a while to recover but believe it will. Managed to get 44k shares at 8p, through smaller orders. Worth at least double that from the small research i've done this morning.
Look at the news at the top. It's in today's update
Link?
Had 2000 shares at 8am bought at around 45p average. By 845 had increased to 15000 at c13p average now. Can sell on H and L all for 6.8p so price creeping back up. Not sure if I will get 13p by close of play and a bit risky but the valuation at 5.8p this am was ridiculous vs IP assets. Dare I say it I could walk away with a small profit by 3pm.