I own a courier company for as my day job. Took punt as it was switching markets so its a total gamble. But the products in question are good as I witness them everyday doing work for the majors. What insight I can give is security is always a big concern on low or high value items and its more todo with reputation when winning contracts. The transport industry is quiet at the moment and volumes down. Yet to win contracts etc without dropping prices you need products like these to set you above the rest of the comp. So with that in mind I expect this transitional period to see a sideways sp until the company gets a grip or gets taken over. GL
ps never looked at it before on PLus was it scarery with spikes
There is support for this share but uncovers. Until GAS show some positive direction like its big brother then these lows are hard to ignore. But the share is not for the faint.
The so called ramping friend is just keeping peeps informed by the looks of it. Its easy to forget way peeps bought into GAS in the 1st place. GL and lets hear some positive news from powers to be.
Do think its just another stalling tactic as the 6month t/o rule has expired. So issuing offers on the deadline extends the normal pattern of buys and sells between evo/lehman (if lehman haven't sold up yet) etc.
Alot holding on paper loss from round 8p and some 10p. So its just an opp for them to short and get out with something. But it will come good as long as we have money left in the bank. Last year we were sitting with 12mil cash in the bank. That worked out to a sp of 15p. So any such premium should be greater than this or is it 8p to 10p again.
Joiner should be somewhere and can post a good history. But I thought they 3moths to make up their minds. But it seems they had 6months and 1 day to submitt so called letters (concrete offers) in the mean time said parties have been buying cheap since december. So I expect more of the same until the offer is made or put to shareholders if they allow us to have a say.