RE: Once sell order is cleared1 Nov 2018 10:12
I will be taking a decent chunk here if I can get under 1.5p
As we are all aware that in the markets when we have a situation of tightly held shares and lack of liquidity.....the shares do a mighty spike up when the shares have been almost bought up....I will be happy once we are above 5p and that is very likely in the not so distant
If anyone purchases shares at the price it's a min 200% uplift on the buy in price.
It's not all negative.
One needs to look ahead and not backwards.
This company has only had a new CEO in June of this year and I believe Angus Forrest has done a lot of house keeping already, he and octopus investments also bought in large stakes at around 5p.
Angus is not a mug and he is not here to throw away his money...he has bought in as he believed the Share Price was seriously under valued in the company he is a CEO of.
Look at the investors and how much they are holding and what price they had paid for their shares.
Patience, patience wins the day.
I now see this as an investment and not a share to trade.
This company has the potential to be at least a 10 million Mcap company.
Good luck in your decisions.
If anyone sells in this temporary set back it may cost you as news can arrive at any time and the shares will gap up pretty fast.
We all saw what happened here when Vinn showed her interest...The SP rocketed to above 10p
Today we are around 1 million Mcap and only have under 50 million shares.
Dyor