Theories or balanced discussion?4 Mar 2021 21:19
The BB a wash with theories or is it balanced discussion or is it PIs working an opinion negative or positively on personal view or for financial gain?
So who do you believe?
A lot of posters will give you an exceptional amount of research with balance, based on research, FACT and information given within RNSs.
A collective group work together talking down the SP to instil doubt and tell you that the SP will only retrace and the company will not deliver.
Strangely the company has told the market via RNS that it expects to close the Atomic deal on or before 15th March. All dates given in regards to Atomic have been for me on time and acceptable. We haven’t been told otherwise so one should draw to a conclusion or allude to others anything different unless they have evidence to support their claims.
What’s is apparent is that who ever is selling could well have loaded up at a much lower level and are happy to offload into the daily rise making their gains.
However, draw you attention to the fact that we have drawn level more or less yesterday and today, the day previously 5.6% up they really aren’t impacting the SP to much. Is the daily volumes really that phenomenal that we should be seeing 20-30% gains?
The SP is reflecting 15% of Atomic already acquired £33m
Once the Atomic deal is closed the MC will in turn re-rate to the value of it NPV £230-240m +
Regardless if we move daily or re-rate we will at some point arrive at the same cross roads.
The other obvious observation is we are now within 6 trading days of the 15th March. Make of that what you will, the strength of sentiment and positivity will forcefully move this SP in those trading days or the Atomic completion RNS will!
Those that believe everything will be delivered are buying and holding long.
Those who don’t may well be foolishly going short a clearly dangerous game when the deadline for completion draws increasingly closer!
All I know is I am expecting it to get very spicy here, very soon! GLA