focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I dont trust this company. A placing at a discount of 96% that wiped out every investor is a disgrace.
Did not stop me piling in at 52p and 56p. The company has cash and business and is way undervalued. I see £2 soon.
This seems dirty money to me and I will be relieved when I get my cash back. I will keep the balance in shares. Still, dirty money or not you can spend it! Sorry to all the punters who paid £10 plus for this
Yes I bought some today. Got to be worth more than this. A pound I reckon. Then sell half for a freeroll. Not worth selling for most holders. They need £6 to break even if they buy today. A risky dawg I guess but after 96 per cent down not much left. Shorts will be out. No point worrying about 4 per cent when they cashed in 96 per cent
At this tiny mkt cap I dont think PE is relevant. My house on the South Coast is twice the value and its not even in that posh an area etc. Two bed leasehold flat in Brighton Marina would cost more.
Cheap price in the 40's. The pier is always busy and there are crowds there at the moment...lots from Europe. The huge fire at the hotel opposite was just one of those things. 70p is a fair target on a fall in inflation.
Sold half at 4p. That leaves me on a free roll....hoping for another 10 bagger please. 16p would do it.
Exciting times for many small caps I reckon. Just all fallen so much. Get then buying boots on. The run to Xmas could be a stormer!
My personal view is this could be longer term a TO target. With net debt of £20m a cheeky 12p bid would cost £45m.
This made me laugh! The shareholders previously turned down 100p cash as too low.....
Good stuff. Very tough to buy Traf today. The mkt now wants 14.6 and that was just after a few hundred pounds buy The spread is silly of course
I bought these before on a twitter suggestion...the guy at the time was in stunning form. I paid below 1.4 and sold out for a ten bagger plus. I recently saw they had fallen back to 1.6p and had another punt. Here we go again.
Some stocks you just get right but I also think that many small caps have fallen to bonkers levels and we are going to have a stunning rally in stocks like this. Fill your boots with stocks like this at bargain prices and boom!
Said we would hit the 800p level. I really don’t understand why people sell and buy rubbish. Even after a stunner of an rns. Hopeful that the stock price will fall back now. I have a growing holding here and I want to build much higher. Who knows where this will be in a year or two?
The mkt soars today and this stock hits a new 52 week low. Just a dawg with a load of worthless stakes that cost far too much. Lifestyle
Back to 0.3.
Bitcoin has broken below 30k as I speak and I see it falling to 25k. But that’s the way. Arb is volatile. Those who bought at around 16p are probably fed up. But double up at 8p and wait until the next rally. You always get one.
Good time to add here. Only small amounts of cash. But wait for the inevitable placing imo. A placing at 5 for a million or so could see take off sharply as the company would then be fully funded
The offer closed at just over 6pm. Talk about a rush at 200p. There were thousands of posts on here daily.
Just over 2 years ago. A complete disaster since. I have bought since a few times at prices like 5p and made a few ££££. This stock owes me nothing. But seeing the complete destruction in 2 years makes me sad.
Argo Blockchain (LSE: ARB), a global leader in cryptocurrency mining, is pleased to announce a conditional offer for subscription via PrimaryBid of new ordinary shares of 0.1p each in the Company ("New Ordinary Shares") at an issue price of 200 pence per New Ordinary Share (the "Issue Price"), being a discount of 20 per cent to the closing mid-price on 8 March 2021. The Company is also conducting a placing of new Ordinary Shares at the Issue Price by way of an accelerated bookbuild process (the "Placing") as announced today.
The last primary bid placing was at 200p. I bought some and sold at about 240p. Lucky i did. The company then had a load of money, 1000 BTC and not a penny in debt. It was the biggest traded company on the LSE for that year. I bought a house with the money I made here. I bought a load at 2p. See my hundreds of posts on this board. It did nothing for years. Then. Boom. Then they got carried away....Texas etc. Now it is a pile of debt ridden junk.
One of the reasons I have not bought via Primary Bid for two years now. 50% chance of this going into administration. So many PB offers have. BOTB sold stock on behalf of the directors at £24....now taken over at a fraction of that price.
Pelatro (LON: PTRO), the AIM quoted telecom Customer Engagement software specialist, is pleased to announce, a conditional offer for subscription via PrimaryBid (the "PrimaryBid Offer") of new ordinary shares of 2.5 pence each in the Company ("New Ordinary Shares") at an issue price of 40 pence per New Ordinary Share (the "Issue Price"), being a discount of 23.8 per cent to the closing mid-price on 14 June 2021. The Company is also conducting a £2.15 million placing of new Ordinary Shares at the Issue Price by way of a placing with institutional and other investors (the "Placing") as announced earlier today.
I dont know where we are. I sold out at 2.1 on the last results when we had a rally. Back in now at average of 1.45p. No idea where next. Gambling companies are really struggling at this time and new legislation will hurt. Online companies need regulating. Web has a lot of potential assets for a low cap so worth a punt and a take over at 3p plus is possible
80 per cent of this going into administration. Holding some myself but then I did well when this went above 10p so had my money.