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at last, funny but I no longer care how long we have had to wait for new license announcement. The majority of us on this board must be ecstatic but am surprised Open that you are making negative comments on such a great day for cpx.
I hope there will be some positive news when results are issued, but the Allenby note coming out now and stating what we already know , doesn't give me much confidence of imminent new licences being announced by kongats. If there is positive news on the horizon it would make more sense for Allenby to wait and put out a statement which has more meat on the bones.
Why has Kongats waited a week to put out the RNS. This is positive news but I don't think we should get to carried away at present. I hope this is only the start of the long awaited news on new licences.
I understand your frustration, but I don't think blaming it on mm manipulation is correct. In my opinion the share price is down because of the lack of the promised new licences stated by kongats at various periods over the last year. He will have no option but to update us when the final results are due within the next month.
1. 100 - I need Shares.
2. 200 - I need Shares badly but do not take the stock down.
3. 300 - Take (or I am taking) the stock down at least 30% so I can load shares.
4. 400 - Keep trading it sideways.
5. 500 - Gap the stock. Gap can be up or down, depending on direction of 500 signal.
6. 505 - I am short on shares
7. 600 - Means provide resistance
8. 900 - Means let the stock float
9. 911 - Pending News/Press Release On The Way
10. 1000 - Don't let it run
11. 2100 - Let it run
I didn't delve much into the technology because at the time the company was recommended by Greets over on Blue share site. I watched the videos of kongats presentations and read all RNS, and felt the company was a good investment.
I first bought shares about two and half years ago and have added a few times. I am only impatient because I believed what kongats said regarding new contracts last June,Sept etc. If he hadn't made these promises then I wouldn't be so frustrated. My average is about 7.5 p.
for kongats words to bare fruition. Finding it very difficult not to post my thoughts about continued lack of the promised new licences so I will hold back on posting until we have some news. Hope I haven't got long to wait.