DEMG people paying ridiculous premiums to value - here we have a main holder paying 200% premium to show what they value it at as a MINIMUM. 10% freefloat - will move eventually once stale bulls are out. imo
Do you think... they would approve a funding package at less than 3p... having just paid 3p for those shares?
Or do you think... they plan to takeover... and do it themselves with their own funds?..
Or do you think... they are just crazy... lol.
as its only 10% freefloat that's why - and the seller wanted true value for their shares... ie 3p... to get them to sell... You wont find that many shares on the open market.
actual spread is 1.45 / 1.35 and some selling at 1.35... guess that's a big profit on open price but will it rerate to 3p - that's the BIG question. Not many on here / advfn so probably not.
Why? You are talking sense... and this is AIM so when did that matter - fundamentals - nah... nothing to see here... :D.
Didn't buy for that exact reason - there are no figures in this rns - imo a pre-placing news headline... but then most will be gone by then whilst still ramping it! :D
GL all those buying now - you may get lucky....
You are trying to make sense of aim... guess people bought for news last week... it rose Friday... now selling on news...
others taking money to trade top fallers etc...
The joy of aim...