Cirata Share Price (CRTA)

Great start indeed Sinitta. I’ll try not to use profanity today. 63p finish going into next week is all i desire. 👍

Good start today frdickbryne!! 🎉🎉.hopefully no ffs later 😅

I just think there needs to be a reality check here. The share was admittedly extremely oversold, but to reach a nadir of just 38p seemed ludicrous. The trading update for the first quarter did not merit such a fall. Since then we have risen 20p+ to 58p so the fall was, in hindsight, overdone.

As pointed out in a previous posting, trading is presumably coming back with a vengeance and deals are being struck all over the place. As this slowly becomes clearer and more obvious, I just cannot see the shares remaining this low.

There's only approx 115m shares in CRTA, and a good proportion are tied up with institutions that won't be selling at this price level. The result is that as new buyers come in and mop up another 100,000 to 1m shares, the price has got to inelasticly start jumping.

Lastly, the company is in a sector that is attracting a lot of investors, and I suspect AI type investments are where it is going to be, at least over the next few years.

I'm sure we will find the current price ~ 59p [never mind 38p!] will seem an absolute bargain basement price that many in hindsight will wish they had snapped up as much stock as they could before the shares recover to trade into triple figures again.

Yes, we do need some news! Unfortunately this will keep happening if there’s nothing to back it up.the confidence is just too low these ends unfortunately! Maybe we should send SK back to the US as he managed to hook them in ..it’s going to take a lot more these sides to sustain it.. still we had a nice little rally and it’s just a sign of what’s to come! So staying patient and positive as per usual!

Ffs