Member Info for barnetpeter

This was over 11p a couple of weeks ago and then fell heavily. I bought small amounts at between 7p and 4p..,the last earlier this week. Sold some at 10p today; no free stake here and it flies around like bonkers. Up 300 per cent today and it could easily fall 80 per cent in the morning. Or it could double. Listing cancelled plans next Monday caused the big fall. That has now been postponed or rather the vote on it has been. The company is in disarray ...the directors seem to have little support. One company is due to float soon on Nasdaq but there may need to be a placing to continue the listing. That may be easy to do; plenty of assets here. Expect this stock to fly around over the next month or so until we get news that clarifies the position. Don’t set a stop loss here!

Don’t blame you. I topped up at 4p yesterday ...10 plus was too much to turn away. Will keep my now free stock for more ..,this is crazy volatile

Bad for the wider micro cap market and small oil shares whether holding or not. We all know the risk and so on...this will take a bit of time to get over I think. Sorry for those who lost big money here. Have a small punt on cheltenham today and be lucky!

Yes but RMP tonight is a reminder of how dodgy the market can be. Different business but investors there had same big dreams and piled fortunes in..,all gone. So skin is exciting but I still believe in derisking stocks even if I want to get carried away.

I am holding since 0.95 and the price is moving up daily....but the ramping on here ffs. The stock is doing very well without all this barmy talk. Let’s have more discussion about what the company is doing? Please?

Popped into bookie early last week to have a few ££ on United to beat the French mob. Will pick winnings up today. Even though it was early the four machines were occupied with two other punters waiting. I watched as they gambled something like £140 a spin between them. One bloke lost £700 as I watched. That is all stopping soon and maybe the directors know where the profits really come from. Not the virtual racing...all just noise to keep punters playing machines

As I said below at 7p.....still a big discount to cash. Huge. All because CF were forced sellers.....

https://citywire.co.uk/funds-insider/news/troubled-city-financial-suspends-absolute-equity-fund/a1207140

The fund meanwhile raised around £3.9 million over the last week by offloading the entirety of stakes in Rose Petroleum (ROSE)

Thank you.

Yes I called RBG correct from above 1.20. It looks dire. Old and tired. Losing money all over the place.

To reiterate I would be a buyer of this one (held before) but CF hold a million £ in shares. Wishful to think they have sold. No rns and no volume here...they will smash into any rise.

CF is an opportunity I think.....to get stock on the cheap....but not good for holders who I understand must be pissed. In some instances they have taken just a third of the usual bid on some stocks. Some SP's have been crashed and will take months to recover. Waiting for the heavy dumping to start here.....

I wonder if City Financial had bought these since the last report and are now dumping? Anyone know anything?

yes deemule looking to buy back in here but I want to see a holding rns first. A million quid is a lot to dump on the mkt and I see little upward movement until they are finally and definitely out

No RNS out though....holding of 136,578,623

Fine with the company; not convinced CF dont have a stack to dump.

https://citywire.co.uk/funds-insider/news/city-financial-files-notice-to-appoint-administrators/a1205227

No I dont think so. Only filed a few days ago and they cannot have shifted a million £. Not enough volume. Watch out for a huge sudden fall here...it will be a great buying opp. Yesterday they sold a large amount of miri at 4p when the bid was 12p. Crazy

Thats a million £ nearly. Now if they dump them at approx 0.25 I am interested in buying a good few!

Looking at the list CF has 136 million of these. All for sale. Any idea whether they are out yet?

on L2...including mine.

Crazy price really.

Just 4pence? Cash of around 16p? Crazy

https://www.mirriad.com/

regular 50K seller today....I reckon CF has plenty more to sell yet. At least 2 million. It does not matter. I have bought twice today and I want a bag on this. Buying below cash is as risk free as you can get given time