RE: RE Serious Stock29 Nov 2024 18:08
Well, we could be the next game stop, who knows but remember we are transitioning from a small explorer into what is a proper oil and gas/lithium explorer & producer on a much larger scale. 100m mcap could be well achievable, they were over £1 per share like three years ago so now in a much better place in theory with the support of GV and a royalty deal which would protect revenues for 30 years. and keep adding to them.
I have said since day 1, for me 30-50m mcap is the first initial re rate and sp region of fair market value IMO, if it can break past 65p the charts arent showing much resistance until 105p! Thats achievable for sure, at the end of the day EUA or GGP or NYCT for examples never thought they would get that high but they did.....
For me and please DYOR but im going with a gap up to open 20-24p and then NT to buy in and out of the first couple of days, big squeeze on sp as investors pile in rising the share price due to the low number of shares in issue and being newbies on the prime market as well (lots of eyes on us and investors wanting in asap) , dare i say it.....close of play day 1 in the 30p's and probably adding a high number of % per day and then it will settle but it might not stop until it hits 50p IMO.
All i know is, the amount of investors on the telegram group, here, the Hive group that are wanting to get in here is a lot. Its good for us who got in cheaper and i suppose if you can buy on the bell and it rises 100%, 200% etc you'll still be laughing. I have been thinking how i can get a few more k to buy more on the bell. My brother has about 10k he wants to invest as well, he isnt on here but he reads the boards.... he is more into crypto but thats not my thing at all.
What does everyone else think the sp and next few months look like for PPP?