Member Info for Dibs61

I concur.

Sold a chunk of my holding today for two technical reasons: 1. This is now looking quite overbought at this level (RSI) 79 and may need consolidation 2. Its now had a few stabs at 6.5 but cannot break it - yet. As I said earlier the chart IS looking very good but maybe short term there'll be a consolidation and I'll put some of money to better use elsewhere. Still left some here though and haven't altered positive stance overall.

Bid is hardening up. MM's will now take up to 100k @ 6.25 while would only take up to 30k an hour ago. It looks like an order is being filled to me. I wonder how long it will be before we start to see small company funds taking an interest here? At the moment it's only Ruffer.

Chart looks really positive here now. Long term downtrend has finally been broken. That could be significant. Don't ignore the SP, it always tells a story ;)

Don't know about that! I screw plenty up but I have more understanding of Shanta than many. Absolutely agreed it's always best to be on the right side of under promising and over delivering. Amazed more CEO's don't get that message on AIM although there is always pressure to pump SP's and get fundraisings away. Fwiw I think they're nicely poised to beat annual production guidance. I guess main risk for me would be any snags/delays in getting next years production projects away resulting in lowering of grades etc in short term and knock on effect. But must emphasise not concerned at this stage. Good to see debt coming down.

I'm not currently in Shanta as I tend to be quite liquid and flexible with my investing/trading (made another recent profit in SHG). However, you won't find me being critical here now. I make you right on most of your thoughts this morning. There's not much that we didn't already know or that wasn't previously flagged in this mornings announcement. But that doesn't mean it isn't good news. It is. I like Shanta. TB seems to have a firm grip on things and doing a good job. I will be back here!

Have been signalled by slow but persistent SP fall over past several months. What's the point in growing revenues if your losses are accelerating even faster?!

Well quite...;) And I would say those additional 'currency enhanced earnings' plus rising organic growth are pretty much baked into the equation now going forward. But this has not been baked into the SP. A quite extraordinary opportunity here, unique to AIM. A solid profitable company, immune to Brexit, no benefitting from Brexit with two transformational projects - one which has just got CE marks and gone commercial -.the other now progressing positively toward field trials.

I fully expect the shares to be steadily moving towards this target in the next few months.

Good Progress on all fronts. Full steam ahead!

Today's announcement very positive. Cyber revenues now beginning to rise. As a bonus, intelligence revenues have resumed an upward path. New CEO very welcome. Strong industry background and good track record. Blamire finally sidelined.

Omega has a great deal of credibility in the City. Just look at the major shareholder roster and you will see a number of reputable small company Institutional funds that have invested here: Legal and General Liontrust Octopus Mobeus HL Harwood Capital Unicorn Asset SG private banking Not a bad list of backers for such a small company. Unusual I'd suggest.

Pretty much selling all the way this afternoon

As soon as they wake up this starts sinking again.

I have dabbled recently @ sub 17p but not yesterday. Uber bullish here. Trading statement due week after next should be interesting on several fronts.

Haha.....😆

Seeman leaving. The 'inventor', technical brains and ideas man decides to go. I wouldn't think the market will like this development.

Hi wordog, could be a turn around, recovery play. Not sure about short term upside. Already risen 50% from 4p recently but could be the start of a longer term uptrend. Haven't got any current guidance on revenues/contracts - that's what we're waiting for. 'Talk' of strong trading and contracts - that's all.

Oh the old days when I was all on my Todd here!! Yes I remember it well. And now I recall you speaking in quite complimentary terms about Harvinder when he was with the company? Now he's 'pants' is he? ;) Personally I don't like the way the new Boss disses the old management. A bit brash, not very classy. And I'm not sure the stock is in a far better place now under the new management. I think the jury's out on that one. Far too early to call. Oh and I think Harvinder was chairman not CEO was he not? Like I said though, no hard feelings, you've done ok here. ,so have I. ATB

I hold stock here obviously and have built a decent holding. Happy to promote it as it is a terrific opportunity at this level IMHO.