well done - shame I didn't hold my shares when it was quiet (before the ramps) - hey ho.... too busy chasing :D. Not enough funds...
Didn't chase lion though (hence it kept rising!).
GL there today.
Morning - the rise will come imo - just think how many panic sold lion in the 2's day before yesterday... then it rose 80%. This one is under the radar and not many know about the premium buy as it was just done as a holdings rns (if the company wanted to ramp it the title should have been "premium share purchase" imo).
People selling at 1.3 when the major holder paid 3p are nuts - imo. 2p maybe (as that is profit) but selling at a loss??? Why? Impatience and chasing spikes (been there - temptation always around and you may get lucky but 2/3 times you get burned... imo).
GL all here - PATIENCE.
The majority holder here of over 60% of the company just paid 3p yesterday for shares - do you think they will want / approve dilution? Doubt it... probably a loan agreement of some kind... imo.
The mind boggles... an II wouldn't sell below 3p - they valued their shares at that and hence the rest of the shares too... yet idiots sell at this level. However the same idiots buy things like the one which went to a quid and �40m mcap when they only had 3.5m cash in the coffers and nothing else.
"We will not sell you our shares for less than 3p..." "Ok then here you go - we can rob PIs instead..."
yes - 1.34 are sells - 1.4 / 1,38 are buys... why would ANYONE sell at this price after yesterdays news??? patience is terrible these days...
Then again yesterday buys were down as sells... meh. Someone wants them as never NT to sell.
I think... a lot of people expected more on a lot of shares... the market seems fearful again (e.g star - expected more. ALTN - expected more. KOD - well, it has dropped a lot - probably back to .03 resistance but no funds having bought more ALTN).
Bought more - no brainer here imo - risk is always there but the support seems to be forming here at 1.3 level. Upside is a double bag short term.
IMO they are holding it for the main holder to buy more in the open market reducing the freeload (of max 10%). Once the selling stops (and no one sell) the only way to get the shares off PIs is an offer for their shares or to rais the price - imo.
Lets see...