Who cares? Anyone who bought in at 0.12 or even 0.5 a few short weeks ago has made a packet. Anyone who paid nearly 5p for a stock that had risen nearly 40 times in a few weeks....anyway I suspect there will be a placing and I hope its around 1.5p but thar just me. I got over 4p for some yesterday which is amazing. Booking a holiday today. Too cold.
57 and 68 thousand pounds. Come on now…who thought of topping up with a 125 thousand pounds? Was it you? I doubt the market makers hold that amount of stock so short squeeze I reckon
500,000 shares bought today for over £19, 000,,,,could have bought them for £400 a few months ago. If this deal goes through it looks like 10p to 12p. That would be 100 bagger.
Have you ever seen a company issue a speeding notice at 3pm and then soar the next day? I sold a few at a 25 bagger yesterday and the market is laughing at that.
Look at the huge trades today. At least 10 over 10,000 £up to over 20,000 £. The company is again forced to put out a no reason RNS and falls .....nothing.
RE: Load up people this ain’t stopping6 Jan 2025 13:22
ASOS went from 2 pence to over £83 at the highs. I was in at 4p but could not hold past 80p. Online shopping of course. Some dot com stocks hit a billion mkt cap. and changed lives from a penny to ten pounds. Meanwhile SCGL has gone from a low of 0.075 last summer to 3.5 pence today. I still hold a few from 0.12. So anything is possible. I hold GST and am on a freeroll and am not selling. The toughest thing to do is to hold when you hit a banger. GST has hardly moved yet. I am doubtful it is worth 500 million or such as some say but that does not mean it wont go much higher.
The smart people in the dot com times....some sold stocks they had bought at 1p at 700p.
Funnily enough I bought a load after the big crash in lastminute.com. I remember being told now stupid I was. They had just done a placing at over 300p and the share price was just 23p. Even though they had spent some of it they were at a huge discount to cash.
Sure.....but that does not mean this wont see 5p then 7p then 10p. Or even 20p. Some of the dot com stocks hit a market cap of one billion pounds before they crashed. As I have said before I dont think this is UK money. This is asian money and they have a reputation of being huge gamblers. Playing monopoly with real buildings.
Look at these buys going through. 5 between 7000 £ and 11000 £. This early. This 100 % rise is due to sheer weight of buying. Because the price has risen so much there are few sellers with serious amounts of stock left.
Sold a few at over 2.90. Bought them at 0.12. Really struggling to understand now. Not got many left now. Anyone who bought them at something like .15p and has not sold any either has b of steel or is crazy.
Sometimes a sudden drop like that could suggest a placing has been leaked. Although the buyers then piled in which suggests to me that if there is a placing the impact will be minimal. Or it could be an offer of a significant number of shares to the market makers.
This is now up nearly 7 fold from the 52 week lows. It is overbought by some way but ih has a lot of momentum and volume. I see this hitting a max of 100 million mkt cap before a sharp pull back, so plenty to go but the risk will rise this week if we see 5p plus.
A couple of 2.5 million buys and a tight spread suggests bigger trades later. Might not look nothing but a tiny mkt cap and little free stock. Has the house sold? The conversion strengthens the balance sheet. A punt on one of the smallest companies around but 750000 £ sure will help and they have the land too. Which they may sell. Punting money only but a fair one imo
We wait. Nothing will happen now until we get more deregulation. Trump will allow business to get on. If I am right Web will relist in the USA on a small exchange and raise a couple of million.
or Web will make an offer for our shares that will be a pittance,
or you will hear nothing about Web ever again. I think that is unlikely
Maybe it will do well but private investors will get nothing. The point about going into administration is that shareholders are wiped out as are all debts. Lots of companies go through this and then carry on. The shares are worthless and the business owes nothing. Rangers football club was one unusual example.