ÀRCM investment has been protected ... and we'll have our investment diluted by almost 10% when the New 82.2 million shares are admitted to trading on this coming Wednesday........then after end of September they can go back to shorting it all over again.
Normally Monday & Tuesday aren't good days to buy most shares6 Jun 2020 17:33
Usually the trend is they fall back Mon/Tues..and rise Wednesday afternoon and through Thursday.... With profit taking Friday morning.....But next Wednesday the 82.2 million new shares (which is almost 10% of total shares in issue) are admitted to the market.....So how do holders think this is going to play out next week?
Could be some more fun & games to come yet with ARCM....How sure can we be that they won't just simply dump the 82.2 Million 26.69p shares they've been given on or after next Wednesday.....surely there will be 3- 4 p dilution to whatever the share price finishes at on Tuesday night......would it not suit their purpose to bring about a share price fall in order to close their shorts at a lower price?
"The Issue of 82.2 million new shares at 26.69p"5 Jun 2020 19:38
Great rise today...... but almost an extra 10% of shares currently in issue are to be admitted to the market next Wednesday 10th June....What dilutive effect on the share price do holders think this will have during the coming week?
Has to be surely . Done it once before in 2016 between Feb and March. Was a similar situation then, recovering from the oil price crash...oil was mid $30's during that period......so an iminent "Breakout " is most definitely on the cards.
Could it happen all over again?....early Feb 2016, Brent beginning to rise back up , fetching around $30+ dollars a barrel. Pmo share price rose from 30p to 51p by early March 2016.....1 month 20p rise
ROCKFIRE... way, way, way UNDERVALUED!!17 May 2020 12:51
With gold at all time high, coupled with high expectation of the new drilling campaign and forthcoming great news releases ....this share has imo to be considered " grossly undervalued"
Late January Pmo was 19p Brent in $20ies ....then agreement reached on oil production cut. Poo then risers fast to $38 ...pmo share price then rose to 51p...it took 6 weeks. Couple of profit takes along the way...could history be repeated starting this coming week?
Download webull app from playstore onto your Android smartphone. It's realtime streaming of stocks .. it's totally Free ,used it since moneyam stopped their service...no problems with it ...reliable , accurate .but only shows last traded price...as it updates.....otherwise set up a free investing .com account...simular service there...better for laptop or PC...service is free and accurate does show bid /Ask.. hope it helps
Big SELLS in last ten minutes of trading.20 Feb 2020 21:47
Only getting 0.1253......0.1275.......0.1283. Timed between 4.15 to 4.30pm...Also very wide spread operated by MM's into rise from low of 0.1030 ...then ofcourse day traders took profits as it approached 0.1500 ....and fell back again....seems like a gate at 0.1500...2 recent high sessions not breached it.... really don't see this climbing untill after next massive placing is absorbed earmarked for sometime mid March.
2nd and much greater tranche of placing20 Feb 2020 17:48
Sometime mid March...will do what to the share price?..... assuming it's simular or worse than this morning . Is it reasonable to expect a fall to 0.10 once again?