Ah, yes. Sorry, I wasn't factoring in this weeks drop. That is abysmal and clearly needs correcting. The problem is that I have a lot of faith in the company but no faith in the market.
This hit just shy of 300p when the FCA investigation ended. Its a disgrace that we are sat here at nearly half that price. The markets are an absolute joke.
What news can realistically move this 1500%? Have people not given up on any decent news by now? I think you could drop into the posts on this page for any month in the last 8 years or so and see identical pipe-dream statements. Let's be honest... Everybody here has had a stinker.
I guess its not such a big deal but it creates doubt when it goes to the wire, that's all. Experience says that that usually means its bad. Guess its not long to wait one way or the other. The CFO purchase points to it being favourable but who knows!
Leaving it to the wire can't be a good thing though can it? I don't want to jump to any conclusions but its almost always negative when its dragged out.
The only thing that surprises me is that people are surprised! We are talking about MA here... What do people expect? He has been walking a tightrope for a very long time and the City would love to see him fail.
No - people got it into their head that they would arrive last Monday but they weren't "meant" to arrive. People are doing the same for this Monday. I didn't say they would arrive, I said it would rise in the expectation.
I guess it all depends. It is clear for all to see that the revenue is growing at a fair rate. Somebody might consider it sensible to take them out nice and early rather than paying for it down the line. I've thought this was a takeover target for a while so its interesting to see other people's thoughts especially the footasylum comparison which I made a few weeks ago also.
it is a great target for a takeover. I think that is probably the best outcome for shareholders. It can certainly grow on its own but a quick takeover would be great news.
Agreed. The results could drop at any time. If anybody is planning on trading this then they run the risk of missing out on a very large upside... Assuming it is positive of course. It seems pretty nailed on that the revenue which is probably the main thing at the moment as we know the EBITDA will still be negative.
I wouldn't say that this is a delay. It is only a delay to the people who convinced themselves that the RNS would be today. They said July and we are only half way through.
The main thing is that Bobby will be working his socks off to see the SP at multiples of what it is today. He is sitting on the biggest loss out of everyone. Its great having a CEO who has the same interests as the company. its usually the case that the CEO couldn't care less about the SP on AIM.
I see this following quite a similar path to Footasylum which I was a shareholder in. The EDITDA fell from about 4 to (1.5). Didn't stop the re-rate or the eventual buyout. I see the same playing out here.
Also, just to clarify which should be obvious to anybody who has watched this company for more than a day... The FCA investigation is OVER with no action taken against the company.
I like the daily single figure rises. It is priming itself while still being under the radar. Nice and steady before the fireworks. This is getting exciting now.
I just think all of the ingredients are there for this to be a much greater success than it is right now. They need to start running things in a much more efficient manner for a start but it could turn around very quickly at these rock bottom prices.