The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Typical over reaction There will be 211 million shares after conversion. At 0.63p that’s only a m/c of £1.3 million with £1 mil cash in bank !!
Don’t forget, if this is a short Squeeze they are desperately trying to bring the price down. If they can’t thats when the fireworks happen. This is going to be fun,
Don’t forget - if this is a short Squeeze then we have only just started !!!!
Every reason for the rise, was priced to go bust , now new board new ideas. You can still get in, long way to go
Short Squeezes do not happen that often, when they do the price really does sky rocket.
If this is so, I would suggest you buy in. This will go into orbit !
Zak Mir @ZaksTradersCafe ? 25m RT AlignResearch "Ref Widecells #WDC The wide market maker spread is indicative of an absence of stock - a tactic used to try & deter trading. We note no conversion notices. Suspect the stock is being set up for another sharp short squeeze."
No fall back now. These are re-rating, far too cheap. New board and new ideas. WDC was priced to go bust ..... not any more !
This is a bit like PAT performed. Up 100’s % dropped back then rose. Now look at PAT 1000% could have been had. We have now had the drop here and up 11% on very few trades. Will we get the 1000% rise that PAT had ... Well we only have a m/c of £650k so I would say quite possible ......
From minus 10 to plus 1 in minutes. What a share !
This is brewing again, I expect to see the resent highs reached and breached very soon. Price distorted by the big sell, now out the way ... new board, new share price. Let?s face it m/c is sooooo loowww
I think we will see a bounce soon back over 1p, new board , new ideas, new share price. Let’s face it, it’s very low, the m/c of £800k says it’s still priced to fail.
A lot of interest here today, RTO brewing ?
The thing is, they have got into bed with Indian miner. These people will help them get the licenses needed and will pay for the privilege. They can see the huge potential. The market cap at £1mil is a pittance of what this could be worth. Expect this to rise big time..... imo