RE: Boys, dunno what to tell you....22 Feb 2020 20:27
last time there was a placing...we went up by something like 700% ( peak ) in about 2-3 weeks thats 7 fold.....so if another placing can give us another ..700% rise...i dont mind it a single bit...infact we ought to be doing one every other day.
On serious note... a question of placing is a good one....which will only bother shortterm holders.....for me i am not asked....as 90% of companies here on aim do a placing...if we had the funds in the bag....we would have been on ftse 100...like engro ( block 2 ) is on main market in pakistan.
Other thing to note.....most companies cant get a placing away...for us it will be easy ( if it was to happen )....and indeed if it did happen it is most likely to be at premium ( like it has been the case in past ).
We have historical costs to recover...and we also have someting like £1.8m in warrants left.....its been already stated the our project will be funded via china banks.....from my own research i think pakistani banks will not want to miss out...so they will be included.
Fear of placing should not put anyone off...rather have it penciled in just in case so you dont have a shock......always have monies on the side....to take advantage of panic selling on such news....be prepared mentally. In anycase lets say there is a placing in future.....we dont know if shareprice will still be hovering around these prices.....i rather if placing was done further down the line at higher shareprice.
We have had some solid support around these levels.....may it continue....there is immense interest in orcp now...just look at that poll going around on twitter....out of something like 600 votes we are clearly ahead at 40%......that basically saying there are minimum 250 of who are already in......once this vote gets passed and if we are at the poll....article will be written re-orcp.....i was looking at their site...when they mention a share ( write about it )......it spikes......they must have lots of followers i dont know.....key thing is that poll has shown us interest is really high atm...and as days and weeks go by.....it will only get better and better...
last 3 days have seen 375m + 180 m+ 100m = 655m shares being traded ( including nex ).....once the ball gets rolling.....these numbers will be history.....we could easily see billion plus traded in a day.
My own take is ...we are too low atm...we should be sitting at around.....£50m-£100m minimum....and i feel the current shareprice can be taken advantage of....but please note....nothing goes up in a straight line....when one buys....they should do so for med-longterm......try not to outsmart the market.....market always wins......just like mm's are winning right now.
SWEET DREAMS
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