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Investors that want to buy cheap with a small amount now will benefit massively on very little risk over 12 years, if it does indeed take that long.

Yep if it breaks it there will be a lot of buys triggered and it will pop.

Sorry I didn’t mean head and shoulders pattern but a cup and handle.

I have a feeling this is going to jump in price soon. Currently support and trend line holding it level and a cup and handle pattern is formed here, so I recon soon it will jump up to 27-28p range then consolidate again which would in turn have another head and shoulders pattern form in a weekly chart which would likely play out towards the end of the year. My target for this would then be 45p-50p. Let’s see if it does play out.

New high created. Slowly ticking up nicely.

Hyve have done well to sell the Russian side of the business all considering.
The problem I see why the sp hasn’t moved much today is the Russian side was the profitable side of the business and the market would probably want to see the rest go into profit again before buying back in.

It will be interesting to see if the rumour that HYVE has sold its Russian side of the business for £100m.

Cheers Troajan.

No one knows when this would rerate. Could be next week or 1 year from now. What most would agree is the company is under valued. If in 2 years the company is hitting its targets then I’d see the broker targets of 30p and 32p as a good price to buy for longer term investment. So the current price is a bargain imo.

I think what investors mean by bottom draw is that over a few years this will multiply and is worth doing nothing with the shares held until that time.

Looks a promising update. At the current price it is certainly one to stash away for a few years. Last years results and a current seller has certainly created a very good buying price.
Looking forward to hearing from the investor meeting today, which I'm unable to attend.
Hi Silver Moon.

Broker has given a buy stating NAV at 18p and a target price of 20p.

I hold Trinity as well. At least that is moving up. Just need to find a bit more spare cash for sdx as I wouldn’t be surprised to see it dip on the exit of Newlands.

Not too much more to go before Newlands has sold up which will mean the sp can rise again.

….. and yet the bod talk of maximising value for stake holders. I think they meant themselves instead of share holders. Sack the bloody lot of them.

Tbh I’d be happy if it was bought out. Averaged down yesterday but still have an average of 13.5p. My biggest holding at a loss.

Why are they waiting to second half of the year to buy back?

More inflation will come next month. Currently these figures do not include the effect of the war yet and then gas and oil will likely push inflation to double digits.
Interestingly there is a cup and handle pattern on the weekly charts that would suggest a price of 3000 for gold if it plays out.

Wow. Well done all those who bought in the last few days on leaked news and also the bod who bought just 8 days ago.
Certainly good news for the company and shows it certainly will survive. Probably will return to 70p from here imo.

Just added today after finding £20k down the back of the sofa. Thought I was skint, but hey ho!