Member Info for barnetpeter

I bought a few yesterday and more today. I have been very bearish about the company. But it is now in punting territory and 25 percent below the placing price so the upside looks better now for a rally up to 4.5p. After that the news will determine

Well...I think that is very exaggerated myself. A five fold increase from recent lows would take this to 0.95 and I think that is a possibility. Gun has turned a corner but one step at a time please!!

No I don’t think so because of the price achieved. 1.23 etc. You may be right but I don’t see any reason for the share to have tanked so much....I added twice at 1.30. Looks good today. The huge spread also suggests the mkt has a lot of stock currently and does not want more. Wait a while and the price will recover to 2p I reckon

This will take a tumble to about 8p. Angs was yesterday’s oil stock going to the moon and it hit 2.8 today. All time low. I reckon the news will be average here and nothing like as good as some of you think. Oil price is in bear territory, the market is stuffed with stock and small Oiler’s have crushed Pi’s over the last year. We will see

From yesterday went through. Some fund is selling. I wonder if a Neil woodford fund was selling up perhaps? Desperate for cash? Lots of stocks will be hit as this monster fund tries to raise cash...

Had to sell some at 4 today but no problem selling. So we may see 5 tomorrow or Friday.

A big 30k buy late reported. Might be close to the bottom. Trouble is I have thought that before and the shares halved since. The fact that the directors do or say nothing when the stock loses ten per cent per day is not great is it? I reckon cash has nearly run out which is why sale and lease back is being tried. Is there a freeze of recruiting perhaps? Are the banks saying no more ? Very risky punt here...could be a short closing of course

Just look at that tank today...no support anywhere. This was a fantastic share in the past rising over 650 per cent at one stage. Where is the bottom? Where has all the money gone? A year ago a discount placing would have been over subscribed 50 times.

Nearly at the 2.5p level. Might break lower this week but getting near the price to buy back. I guess some who got spiked at up to 4.4p are taking a big loss

27K sold in three transactions this morning....of course the price went down. Someone is selling.....forced seller it seems.

Added more at 1.3p myself.....very volatile

"The Group had a positive working capital position of $17.6 million at 30 June 2018".

Just a year ago.....nearly 20 times current mkt cap.

Why rob a bank?

Never held these but interesting as I am a landlord. Branches closing, desperate to raise cash, bans on fees start tomorrow. Huge losses last year ....I don’t see where they get any money from. Trying to charge landlords more? No...we can easily go elsewhere whereas the tenant couldn’t if they wanted a property.

This is such a struggle...we need some billion plus days to clear the overhang

Just 9 bid now. Looking for 7 to 8 to start adding although 6 is standard for this company

Previously got 0.7 for stock I bought at 0.2 ...worth a small punt I reckon. Even a placing at say 0.15 would be ok if that meant the company could move on. No illusions..,been a disaster for investors that paid up to 8p just over a year ago and then saw 0.14. The previous ceo was a complete disaster ...but he has gone now

Tank tomorrow. I sold out today.....will buy them back tomorrow at around 2.5p. Very good news but such an overhang here. I dont want to be out long term but this always struggles to hold a rally so trading this is vital to derisk.

This has raced up before and got diluted at a massive discount. I remember one time that I sold on a big spike and went out for a couple of hours only to find holders had been crushed. This stale bull is finally out today for a small profit....very good luck holders!!

It does not matter what any of us think...under valued etc. The reality is the market thinks this deal stinks and is a possible scam or dodgy or something. The price has therefore more than halved as holders dump stock. Maybe it will bounce from below a penny...nearly there...but the market has completely lost confidence for the moment. All this money poured in via placings to do what...give the assets to an unknown unquoted stock abroad? Even if the deal is cancelled it won’t help much. The bod don’t exactly inspire confidence do they?

1 June.....no more tenant fees.

No....one of my poorest investments. Only a small one so not much point in selling up; may as well wait and see if anything can be salvaged. The fact that the price has continued to fall all day is very bearish and 1p is currently only another 0.3p away so hardly dramatic. The company has sold its key asset at fire sale prices and the mkt has given its verdict.