Member Info for davey50

Wow still people selling. Imagine selling £30 notes for £10-11. I know it will always trade at a discount but it should be at least 15p today but then again this is the worst bear market for UK Penny stocks I have ever seen and I have been here since day 1 of the internet trading and it's never been as bad as this before.

Vast gets a bad rap as the worst stock around because of the constant placings but when you take into the size of how much is raised along with losses and cash burn MIRI is actually the worst stock still trading on the exchange. There's a lot of stocks cash rich that clearly do not have a viable business and would be better off stopping trading and returning the cash because they are clearly going to go bust in the future unless a miracle happens.

Tomorrow should be interesting/fun. Market is dire but no way can this be ignored down at this level

I certainly feel it has more to offer than FAB which has a precarious cash pile left while Rua is comfortable and means a lot in a desperate small caps market and even more desperate for stocks needing to raise.

1.51-1.571p

Big buy earlier and still they have stock to offer online thought it would be NT

Def a buy, I'd not put it past the big seller buying back and is trading it

I used to shake my head when CEL did 100% + when they said they had no cash,they never even used that opportunity to raise more money and now they are paying the price. Everybody wants momentum hence Rua is quiet again, when it was flying last week the buys flew in and at 12.4p highs. At least the seller seems to have vanished today

Not sure I'd be "delighted" to issue those results, they look quite moderate to me ?

You would only be able to buy 2.5 mil in one go if the mm had 10-20 mil to sell, that way they protect themselves from say 5 people all buying size the same time. So if they are offering 500k online which they are then the seller for me has 2-5 million left, will be fun and nice when they do clear but it's trying everybody's patience how long this is taking to clear

Point taken Laura. This game is a minefield atm

All about trust and there's not a lot about. Always a trade in it, maybe when it issues results and £5 mil of profit v low market cap for interims it might bounce but again can you trust them, starting to make sense why they always said they had strong cash generation like £20mil of year yet they could not use £1 mil of it for dividends or buybacks...something is just not right and I apologise for anybody buying on my bullish tones I get it wrong just as many times as I get it right and moral of story is trust nobody and do not fall in love with your stocks

5p to sell earlier going nowhere and I'm out now nearer 7p what a stroke of luck, bonkers how the majority only pile into shares when they are up 30%+

11.1-11.78p online, 100k seller still at it

Very liquid both ways atm 11.62-12.21p

Honestly thought it would go first thing. 100k delayed sale just popped up so they are still at it

Bet the mm's love you, they are selling all that stock they bought at 1.22-1.35p for a huge profit, not disagreeing with the potential it's massive but chasing the spike in this one is dangerous, better off getting size on bad days, somebody dumped over 900k at 1.22p recently when it was 1.5p bid, the mm's are savage in this one

Another million cleared from the seller. Seems Peel are happy to sell around 5.07p and give the seller 5p

Still no idea who it is and nobody else does either...but surely they have to run out soon ?

10000 at 11.8p left but 12p stock NT

Just ticked up again and agree now somebody has been dripping them out when they can but maybe they are out now as last 75k was a random number. Tough markets so selling into strength is common everywhere atm

Another mm on the bid so 3 v 1...50000 still available at just under 11.5p but looking a lot better than last week when it dipped to 10.5-10.75p