focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Not that I can find either KIM or AMBR hinting at anything as such, but the sale of shares to Ambrian partners and their clients (see News) suggests that something is afoot...
For a moment I was offered 14p, but I'm happy with my initial investment! Definitely good at 15p for anyone who's interested...
I don't believe that anyone expected the recall to be rescinded, it seemed a sensible step for the company to take, a form of damage limitation in light of the MHRA's concerns. Naturally, there have been mistakes made, and heads may roll, but I'm confident of a recovery, it's just come far far sooner than I thought possible!
Surely it cannot be long before the de-listing of the ADR's now, but it is certainly worth keeping one's eyes on the NASDAQ trades. There are plenty of signals for this bottoming out, as Smiler23 says, but the more I read, I do feel that we're on the verge of turning the corner as regards this listing. We shall see, for those interested, a little bit of research goes a long way =)
This share is indeed vindicated, it appears the unofficial source was making all the right noises after all. My thoughts for today are for 16p, considering the immense rise this morning, but then that is fully justified as a result of the recall's cancellation. As Hogman says, Great News! =)
I'm suitably impressed with developments to make a modest investment, I do think this has potential and certainly this side of Christmas. The next few days will prove or disprove the theory, though my money is clearly on an upward trend =)
I agree, I agree, but Digitalook for one site has placed it as a sell, which sets me wondering. I don't think it should be as I'd be surprised for it to have been at 10.50 at the end of the day, but tomorrow should lend a clue or two. If it's a buy, I'd be very optimistic for tomorrow, perhaps 13? If it's a sell, today's buys have offset it, but it will be a blow.
Clearly investors are noticing Danka as a positive choice for their money, as it's been an excellent day with a real clutch of buys. Interesting to consider that the opportunity might not have arisen if the NASDAQ listing wasn't coming to an end. I do agree that current investors there will buy into this listing, keeping one's eyes open is certainly the order of the day (or week IMO).
A sell or a buy? Other sites aren't agreeing about it, I'd be concerned for the SP if it turns out to be a sell!
A small increase in share price, but a respectable recovery, perhaps tomorrow will bring similar results. Am not expecting this share to rise above the level that it was at before the 50% drop, but it will be interesting to see if it can climb up to 14-15p over the course of this week.
As expected, the level of buys from Friday and this morning are actually lifting this share off the ground. A positive early development, with this one, KYEO!
I'm sure that confirmed news will push this either up or down. Not a great deal, I'll grant you that, but as it appeared to plummet on bad news, it needs only a little that's positive to turn upwards. I can only think that, in light of Friday's mass purchase, if it is merely a question of paperwork, the SP will recover in time. Of course, if indeed there were irregularities, then it may stabilise for now, the 50% fall being attributed to the fall from grace. Perhaps little will happen this side of Christmas, but I definitely think next week will give clues to the SP's future...but as to whether investors appreciate them and draw appropriate conclusions, only time will tell! Good one for the watchlist =)
I noted the same assertion last night, but points to yourself for bothering to put the info and link on here! =) The question is, does the news mean a rescinding of the decision to suspend the license is possible? I suspect that the decision by the MHRA will stand for the present, although if the source is correct, it should definitely restore confidence in the company 's standards at the Witham plant.
Agreed, the significance of the three month suspension will be important, and of course, it will eat into profits with a negative result at the year's end. As for the regulator, if it's necessary, it's necessary. The heavy hand of the MHRA cost them 50% today, but no doubt it was deserved. Still, I do think they can recover, although the climate will be somewhat different...
The release states 'Ransom said the MHRA has also suspended the company's manufacturer's licence for certain products made at Witham for three months'. Now I read that as they are unable to manufacture those certain products, after all, if it were a total revocation, I'd have thought it would state that fact. If that information is accurate, then it only affects certain products, and while it's bad news, life can go on for the company. But perhaps there is more to those words than meets the eye...
Downwards? Hmmm, perhaps, but I'm thinking that a 50% drop in the SP is already immense for a reasonably sized company, so would a further downturn seem logical? You have a point though, for I cannot conceive why the SP hasn't advanced even a little. No doubt Monday will bring a change, good or bad.
I'd expect a mild upward trend at least...company seems in good order from its figures, financial results aren't amazing, but it's hardly a dead duck! So I'm sure we will see a recovery, as it has definitely developed a feeding frenzy amongst investors...
Clearly, there are reasons for keeping it supressed! It's definitely worth more than 9p, although perhaps there won't be a recovery today....
Judging by the number of trades on here in the last two hours, it seems that a lot of people have either skipped or postponed theirs!
Couldn't possibly comment on that, but I'm sure some people have their predictions, and know better than I. But I am confident of a recovery, and certainly don't feel that the company will go to the wall.