Member Info for bargainhunter20

Looking at the trade activity over the past week there seems to be some interesting action e.g. on the 25th March notice lots of small buy executions which help drive the price up from 10.7p to 12.9p. The same on the 31st March where we have the same increasing the price from 12.95p to 14p before a large sell order of 134k shares.

Between the 23rd March and 31st March the balance between buy and sell executions is the same yet the price has gone up.

Someone clearly knows what they are doing to drive up prices.

I agree

Like I said I think the results will be good but that is now in the past. The future is extremely uncertain for them and they will burn through a lot of cash to keep trading. They also have £33m of debt as of 31/12/2019 and no doubt this would have increased now...

You fail to mention that if Inspired's customers cant pay their utility invoices then the suppliers stop paying commission immediately. Furthermore contracting out customers to 2024 and 2025 doesn't mean anything if those customers cease trading as again energy suppliers dont pay the commission out.

I believe that Inspired's accounts will be very positive when published however this is in the past and the future is very uncertain for them.

Almost invested after the Ignite acquisition but so glad I didnt. Their large corporate customer base is going to struggle with the current market conditions. Wonder what happens when the investments made by Ignite in energy-efficient installations cannot be paid back because their customers go bust? I believe Mark Dickinson said in the Mello London investor presentation that all of Ignite's customers comprise only 10 customers generating 12m revenue. Thats quite worrying now.