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This is a recovery play, share price at an all time low. Look beyond one days trading and more over the next few weeks. I agree that if the 20p resistance is broken then it will settle around 25p hopefully this week with 30-40p in 4-6wks.
I do not see the AA as being hit much due to lockdown, when restrictions are lifted I can see more cars on the road and less people wanting to cram the trains on a daily commute.
Who knows recovery may be quicker. Shares are still known to rally when the FTSE is down, all about value.
Anyone with level 2 make sense of the 2450k trades today at 5.35?
Agree, application approved and its 20p+ application not approved and its 2-3p so r/r on the good side.
Like you said the last update although 3 months ago sounded very positive, imo they would not go back to court if discussions were heading the right way even if you could hold them for contempt why upset the apple cart albeit long time delayed from what was expected thats why the price is where it is, imo.
Lots of money invested here at ipo circa 20p also.
Does it normally take this long to finalise these things in India anyone know?
Agree a good rns clouded by the hype over Bhukia decision. Problem is a lot of speculators read these boards and prob got spooked, yes it’s not liquid so yes the rises and falls are much larger. Expect a rise tomorrow now the dust has settled, if there’s good news on the PL then it’s a quick march back up to 20p all info has sounded positive let’s just hope it comes to fruition soon......tomorrow would be nice!
Looks like the seller may have gone. Price has been let go and does not take much volume. It’s a gold from here for me plenty of scope for a large re rate.
Doesn’t take a lot to move the price Opinions on how long to get the licence renewal?
Actually based on the mid price end of June they may have less than 7mil left.
Jacka Resources ltd even....
Agree Jacko selling up looks feesable. Reduced holding on their quarterly accounts from £229k in Dec 17to £100k in june 18. (Approx). So that’s a lot of selling over the last 6 months. Looking at selling since I guess they have approx 15mil or less left?
Is this the bottom of a long decline? Could do with some good news
In the price now was delayed from an hour ago
ok for now. Was NT to sell about 2 mins ago so chopping and changing like i said unstable. Can see 10 p finish today looks supported at that level imo And no iam not qualified to make any judgement just opinion
I hope it does rise more like i said i am holding atm....
lol....nobody should believe bb posts imo. they should research before buying. Buying on such a huge rise is pure gambling and you know it. Most buying now will not have a clue about the company just trying to catch the rise.........just saying be very careful
This is unstable at current rise may hold may dive. Dont risk more than you can afford its gambling at this level of rise buying in now. I still have a few which i will rid of by end of day so hoping for another push........but dont be the one left at the top :)
At 1.12 this represents excellent value? 800-900k cash, 3.3 mil valuation on GMSI stake, and no value at all priced in for Finland or Fintech. Very illiquid so best to buy when quiet I guess I will be adding to my holding, Q1 this imo will not be 2.2mil mc but much more. Worth resarch, quiet time at the moment.
Stupid spread all day and pretty much all small sells early doors, basically marked down big time. Company should update shareholders on cash position and short term strategy ie tech or resources again. If cash is at approx 900k that will sit us at approx 3/3.5 cash alone, sentiment (when it returns after today) will drive this higher also hopefully.