I have recently been burnt on an aim stock where they relied on one big contract. Thus when the contract was cancelled the sp dived. With cbuy and it's vast array of contracts I don't have that worry...
Who knows. I'm not paying to much attention to it at the moment. It won't stay down for long if these contracts keep coming in though. A few ii's will be watching patiently I'm sure
I don't pay to much attention to broker ratings But I really can't see much downside to this share now that they have secured plenty of contracts across a nice spectrum. If the good news keeps coming I will be baffled if the sp does not push on to 50 pence
Chin up. You can't keep a good share down for too long. Low volume today and those that have sold did probably out of frustration from expecting an immediate rise back to the 40s. Couple more contracts like this and the market cap will start looking ridiculous
It is a growth company. It could go anywhere (2 pence or 30 pence) based on news... If the company can stay afloat, long term i think the sp will be rewarding.
it is usually at a good discount to the Sp. It is difficult to say how quickly this will happen. Hopefully the same investors willing to buy in at 22 pence will negotiate a New price.