Member Info for Camkite

Bounced off the 20 day MA twice this morning.

Lets hope it holds, all signs a recovery and turnaround is in play.

18.33p paid... still no sellers... hardly any shares available to buy online... makes you wonder if we will smash through 20p and on to the 38/42p zone over the next few weeks.....

Price action can change that in an instant. Just gotta sit tight.

One really has to think that the Shorters will start to close out over the coming sessions... If they don't then it's likely, as others have suggested that they are going to wait until post update.

" The Group recorded a goodwill impairment charge of $922.2m in the period (30 April 2019: $nil) attributable to the increased economic uncertainty as a result of COVID-19"

That's a serious impairment charge.

Hi Mate I am starting to agree with your take regarding being more bullish... hopefully these guys have really dealt with the issues of the last 10/12 months, well.

They certainly haven't been sitting on their hands.

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https://twitter.com/MicroFocus/status/1326604862122053632?s=20

Cracking day.

Sorry that is the USA listing ... it moved up around £1 from the date of the update over the following 2 weeks.

Clemoc - fair comment.

Looking back @ the chart it also by the looks of it made the sp move up £1.50 & that was from a low of £13.42

Looks like it will turn blue in USA trading. Only 0.5% down.

Out of interest, looking back at November 19 update it wasn’t all that comprehensive, any ideas why we should expect next weeks to be?

Wasps

It’s up 20% on last week.

The ftse250 isn’t up 20% since last week.

A pull back is inevitable & this was an incredibly strong close which may make the shorters start to take notice.

I wonder how long it’ll be till we get some turning up on the bb !?

Ask is rising on no volume. Just asked for 17.9p for £5k. No sellers.

we look on for 20/21p this week.

Looks like a bull flag.

Everyone looking forward to Easter ??

Dunno but he sold out at the lows of the month...… Says it all.

That was a pretty solid test of the £2.40 area... wouldn't be surprised if we close blue.

Took a few more... ;o …. 2.40 seems set to hold.

rjf1990 - I think until RMS SP stabilises it'll continue to lag... as its an investment for BRH it only shows true value once its liquidated.

Hope you all grabbed a few RMS on open this morning.... a decent bounce and run looked nailed on even without the update.

BRH seriously lagging in comparison.