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Will have to test a dummy trade. Yesterday it closed 70% up over the last month, we should this this push towards 3p by early next week if these weekly candles continue
There was a trade at 4.35pm yesterday
They are price monitoring extensions, showing as 2pm for some reason
I think the sells are filling buy orders due to the spread, with buyers waiting for orders to be filled rather than pay the higher spread, MMs are hovering up the margins taking advantage
2.47 paid and over 700,000 brought over the last hour or so
Even if you ignore the move to the HK this is still way undervalued based on fundamentals
Doubt it, you might get around 2.5 if quick, anything below 2.7 would be a good result if you get in quick
was back up to 2.5 before that sell just now
I think 3p will come in the next 2 days myself, possibly tomorrow. Some will always panic sell from the sell price on the spread but that gives others the chance to get in. Hold tight guys
your break of 2.5p today was well predicted! easily, should be getting very close to 11p before it switches over and then investors know its listing at 11p anyway
Easily, and it won't take much volume to push these up. There won't be many clued up sellers below 10/11p
For anyone that hasn't check out the weekly chart on this share, on previous candle spikes it closed no where near the peak, this time its increasing each week gaining further ground in recent weeks.
2.10 and 2.14 now being paid. Once it hits 3p we should very quickly hit 4/5
At least 2p seems to be a strong possibility by Friday. The info seems to be getting out there slowly but not as quickly as I would of expected, in the past big rises often lost half their value in the same day whereas this time it is building up each day with solid reasoning to back it up.
The spread seems to be tightening up nicely now which is good for the market, 1.8-1.9 from 1.6-1.9
As it heads towards the 11p they require I imagine we will see investment coming in to push this to the required levels. Looking at the position the company is now compared to several years ago and things look very undervalued right now.
It seems news is finally getting around about how undervalued this is. I understand they need a multi price increase to list on the HK exchange so things are looking good with the strong fundamentals to back it all up. Hopefully this spread tightens up a bit
Good to see some positive news that will push this share back to where it should be. Any idea how long a move to the HK markets could typically take?
It’s a good sign as it means he’s topping up like crazy and going to any length to try and stop any undecided potential buys. I think most people realise him/sense are heavily invested here or just very ill. I have no concern holding here
Because he’s here to trade this share, he won’t admit it though, he talks it down then he buys and the next thing he will go quiet or tell everyone not to sell and this is a great share etc and sell and repeat. If he never invested for so long like he says he wouldn’t be here.