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Just wondering if Chris is banking a bit of profit this morning? Would make sense
Looks like we had a few sells into the rise this morning as was always going to be the case. Sellers should be cleared soon then up we go
GLA
Moving on Google Finance now up 12% MM looking to pick up a few more shares this morning before letting it move
GLA
🚀🚀🚀🚀🚀🚀
I think 0.035 will go within minutes of the opening then 0.040, we may see a spike up above this depending on volume, then a slight sell off whilst we await the opening of CDT stateside. A positive opening for CDT will see VELA run again possibly to 0.05 or higher. It should all be fun to watch but unfortunately I have to drive to meet clients tomoroow who are flying in from Malaysia so won't have a ring side seat. Good luck to those trading tomorrow but personally I am holding a little longer looking for bigger gains of 0.1 or higher if CDT can push nack over $10
GLA
GLA
Expecting ENSI to also puch higher over the next few months should be much closer to a £1 at a minimum!
https://www.proactiveinvestors.co.uk/companies/news/1034443/ensilica-shares-boosted-as-sales-pipeline-impresses-1034443.html
I know its mostly about CDT at the moment but good to remember we do have other investments of value as well!
GLA
Are we playing "Whose Line Is It Anyway", things you never thought you would see written on the VELA message board ?
Seriously though 1,015,760 is a good result as I think most here had estimated 976,000 shares so an additional 39,760 shares at say US$5 is around another US$200k more than expected which is not to be sniffed at!
Better be quick on the buy button Monday morning MSUK this is going to go in to the Stratosphere!
Even UncleJim is predicting a 100% rise Monday which to be honest would bring us somewhere close to fair conservative value with a slight discount to NAV as seems to be the way VELA is valued by the market.
CDT has consolidated recent gains and could well push higher, hopefully the BOD will sell in small tranches so as not to impact the CDT share price as we sell and bank profits. I would like it if the BOD decided to keep at least half the shares in CDT as a longer term investment as we could easily see a return to $10 in the near future. Before the merger MURF had been solid at around $10 for months before wild movememts up and down post the business combination with CDT.
Bring on Monday morning !!!!
GLA (but we shouldn't need it!)
Well the increase from $4.68 to $5.00 = $0.32 so 1,015,760 shares x $0.32 = $325,043 not a bad days work for VELA
The VELA share price at the momenent is now a complete joke and we should see a big re-rate Monday!
GLA
CDT climbing back over $5.00 looking strong 💪
That explains why it may have been hard to buy if Gary has been buying up any spare shares. It seems like more and more of the shares are now in the hands of a few investors who are holding more long term so I think the free float of shares here maybe getting smaller. Obviously a low free float should see the share price move quickly when news drops!
GLA
MSUK her's one for you
https://www.youtube.com/watch?v=owcs5JFpB0c&ab_channel=InsiderFinancial
I know you like a chart! skip to 2:00
I think a few may have sold here earlier due to very slight dip in CDT price Pre-Market but I wouldn't pay too much attention to the price until the market opens proper.
GLA
I think we are all in agreement reference the BOD but 1 yard, open goal, surely they can put the laces through it and the crowd can finally go wild!
UncleJim I just read you have just topped up and nearly fell off my chair! If ever I have seen a buy signal then this must be it : )
Santa Rally this year as well ? Let's hope so!! us bewildered investers deserve it after the last couple of years!
@ the Gambler agree the BOD likes to treat investers like mushrooms "kept in the dark and fed on sh*t" but I don't think most here are invested because of the BOD but rather the value of investments which VELA has compared to the current market value. Been here a couple of years now and seems like it will be the traders buying in now who will make a healthy return but C'est La Vie
GLA
GLA
The market would be much happier if it was confirmed that we have excersised the PUT option amd clarification was given how many shares had been secured in a similar way in which CIZ announced. Certainty is what the market likes and the dithering here has not helped. I still don't see how the BOD can mess this up though and once we finally get a RNS clarificatuion then we should be double where we are now. I also think the CDT price could easily get back to US$10 plus which would really help push VELA higher still.
GLA
@ the Gambler just interested what you estimate VELA's NAV to be at the moment for all investments + say 900k shares in CDT at US$5 ? I have it considerably North of where we are at the moment!!
Worth a look...
https://www.ig.com/uk/news-and-trade-ideas/tribe-tech-cashed-up-and-on-the-path-to-positive-returns-231123
GLA
I understand the CDT price is not relevant until it is confirmed that VELA have excersised the PUT option but just in case nice to see the +30% rise so far today. A long way back to US$10 but who knows???
GLA