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No, overall a smallish loss but quite relieved that the SP rallied from the low 30s that we saw for much of last year. It could have been so much worse.
Well, That’s it. The shares can no longer be bought or sold , just held until 15th May when we’ll be recompensed 90p per share held. The directors have resigned and that’s The End of COMS, REDS , SMRT or whatever you want to call it. For me it’s been an 11+ year journey of highs and lows. It’s not an ideal ending, but it could have been so much worse.
Farewell all.
A few hours in AIM is a very long time. Who is the comedian now.
This suggests the the Contract had already been priced in and more (as often happens on aim ) hence the drop from 4p. Unfortunately some will have bought on the spike and will now be down 25% temporarily. I sold the vast majority of my holding here in 2013 at a 50% profit but kept a few running free. However now watching this closely looking for the best entry point.
Anyone here who got in during January last year at $160. My entry was prior to this when the price was a bit higher, therefore had to sit on paper losses for a while, but I never expected this kind of BOOM. So glad I’ve got them in an ISA.
A nice surprise for us faithful long suffering holders. But we could do with a lot more.
It is so much easier to bury bad news when people’s attention. Is focused on other major new stories. That’s why they released it today. Shame on them!
Northants
Without News in an RNS this will continue to drift.
Several weeks ago in this thread I predicted this would reach 3p and we’re now below that. LuckyBob said that I was “Fill of S—T plain and simple”
Now perhaps Bob will take that back and accept he was well and truly wrong.
Hi Kenny, so nice to see LTHs on here who’ve experienced the rough and the smooth. Very encouraging RNS today, which has been reflected in the rise.
A later RNS today showing that JP Morgan now hae a stake of just over 5%. This should provide a bit of impetus and edge us up towards new highs.
I think porsche invests in crypto
Details of the £88.27k buy at 10.03 today were only declared after hours, so potentially good news for tomorrow.
Thebogis
Read this to get a good independent analysis of the Company.
https://uksmallcapstocks.com/f/smartspace-software-smrt
Is there a link anywhere to that article?
Every trade on Friday is shown as a sell but it's not too hard to work out that many of them were buys.
3 days ago I predicted 3p but I never imagined that we would already be halfway there so quickly (currently 3.9p) I got burnt myself with CBX which is struggling in spite of David Beckham’s influence, which is considerably greater than a Rapper, who as he has lots of CBD investments, must be taking a big hit right now. It’s not that easy to Chill when the SP is plunging. At this rate 3p could be reached next week.
OCTP have chosen a bad time to launch. Just take a look at other CBD stocks such as ZOE, CBX and KNB. They are all way down from their highs and still falling. In a few weeks this will be below 3p.
FB stated the following:
In the 1st Quarter of 2021/22 ARPU is up 8.1% and ARR is up 9%.
They believe a SP of £5.00 is perfectly achievable.
Pipeline has gone from £500k to £1.1m in the last 3 months. The win rate is high.
There is great growth potential in Non-English speaking markets.
They are looking at Cash Break even this year.
It's well worth signing up on the Investor Meet Company site and listening to the whole presentation.