Member Info for barnetpeter

Must admit I am keen to see this drift down a bit lower. Holding quite a few at much lower levels but just not interested in paying 6p etc to top up. Somewhere around 4.6p would be fine please!

As I have posted on here, there has been a lot of dilution.....58% more shares in total in a year according to a specialist site. Add to that the share price has been up over 100 in price in a year and loads are sitting on bit profits or (like me) a decent freeroll. No good moaning at the current price etc. Those who bought between 3p and 8p have a big profit to take in the new tax year and you cannot blame them. Meanwhile, many are stuffed with Arb stock and what you dont read on this board as much as on others is "I am buying".

So if the crucial 200p level breaks......it did after the placing but not for long..... what level would you buy more? 180p? 160p? Lower?

The company has already said this deal will significantly increase revenue

This from Stockopedia Yearly count
186M 294M 58% increase in shares

This 3 per cent is a myth. There clearly is a heavy seller. It is bizarre on a record breaking btc day.

Got mine this morning. Sold some at 3055....not a bad return from 2400. Adds to what I already hold.

Rubbish. More than one placing. Lots of new shares in total. Check the rns to see them all.

Arb would have soared today. But the company has issued a lot of new shares over the last 6 months in various forms. Increase the shares, reduce the profit per share. Paul Scott is very good at explaining this principle. Holding long term myself as a freeroll. But I see little or limited upward movement for a good while I must say. Too many new shares around for that. Too many sellers.

I have this as a fall to 360p then a bounce then a fall to a low of 290p. PI's are running out of cash to support this or they will at some stage. There are some big holdings who will sell out at over 400p I think. The bull/bear fight is at 400p

News of course changes everything.

Me too. Looking to sell some and get to a freeroll. BOTB stock should turn up soon too. ORPH is up nearly 400%. TGR up more than 100% since December. All PB offers. Great fun. The main dawg has been ROO but I felt the IPO price was a bit mad so ignored that

After the big fall on Friday I think there is a chance of a bit of a bounce. I can see 500p as a possibility before a fall to around 320p. I would want around the latter to buy more as a trade. I do think this cash position is dubious and the company did not mention it. So anyone who mentions 130 m or something is guessing or ramping. The rns was dire and those trying to play it down are idiots who will lose heavily in the mkts. A lot of smart people sold out quickly on Friday some for a big loss. They moved on. Most professionals do that on a profit warning like this. It was unexpected although the heavy fall from 12 pounds had indicated something was not quite right.

you dont know they have that cash. They did not mention that. Just a ramp. They may have spent a lot of cash on development, new staff etc thinking the new contract would repay them.

Maybe should have waited; closed at the lows and I expect to see a 3 and maybe even a 2 in front of the price next few weeks. The bubble has burst here and the mkt cap is still way too high for a growth company that has gone ex growth. They could and should have used their highly rated paper to buy targets. Too late. All that ramping on here!

This is bad and they may have spent a lot of money on this ex contract. The lows? I am guessing 290 to 320p. Not today. But next week could be tough. The twitter crew baled out when this rns was issued. Rightly of course. Profit warnings are not good.

Will they have to write off a vast amount for this lost contract?

Regrettably, the parties are now in dispute regarding the contract, which may have a material impact on Q4 2020 revenues. However, the Company has taken legal advice and believes it has strong grounds to assert its contractual rights.

There is nothing good here. If they end up in Court how many more government contracts will they get in future? None.

"revenue and profit for 2021 may be lower than current market expectations"

UKOG went over 8p on the HH scam and news that a major French company had bought a stake. I remember selling out my final stock then although on balance I sold out way too early on the huge move. It went up 50 fold from the lows I think before it crashed and burned. Angs did the same...hit over 34p. Now what? 0.80p. I bought back into UKOG at 0.20 and soon regretted it. But even dawgs can turn into swans. GGP from 0.08 to 35p for instance.

So I would not be too surprised to see UKOG crash above 2p or something given a few weeks. Enjoy the rise and take some cash out of course. I will!!

Only one trade in 10 days.....for 95 pence.

SpaceandPeople plc (AIM:SAL) is delighted to announce that it has extended its commercialisation agreement with Land Securities Properties Limited ("Landsec") for the provision of experiential activity and short-term retailing until 2026 (the "Agreement").

Why poor? Not a single trade today after this news. Nothing. The spread is daft of course.

5.55p. What odds ending flat or in the red? Boots is a great contract but traders wanted more