Really harsh time I reckon. SP gets marked down on little sells and Spread is vast, it's almost like either the MMs don't want you to buy or the low volume of trades is too much of a hassle for them to entertain or there's some manipulation in trading due to a news announcement coming. All blatant guessing by me :)
I think the lack of real interest is these shares is just killing the price atm.
Stalney: The large spread is weird, perhaps not enough in supply to buy? I understood that large spreads deter buyers as they have to hold for a while to get their stake back...?
We feel your pain 007, I'm holding a paper-loss of c80% as well, many probably are. Just seems to be crawling around at a snail's pace and hiding in it's shell most of the time.
I've been in this share on and off (currently on) for 5 years and it never ceases to disappoint. It's all chips and no gravy. Sisto is just mucking about tbf, I'm sure he can sniff out good ideas but expect he can't even run a bath. Endless placings are just proof that he's clutching at straws, this has he behaviours of an oil/mining stock rather than a tech one!
Insightful posts. I think end of this year we will see endgame. Selling off of Tern and portfolio companies and a big pay out to all the respective Tern family BoDs. Us humble shareholders should get some return but the big gains will go to the BoDs in some shape or form.
TB are an investor in Venafi. Is your view that they might channel more money to DA via the relationship between Venafi and DA (I would have thought if that's the case TB would want some shares which might drop Tern's controlling stake). I might have missed a lot of chatter about this but was is the significance of TB to Tern?
There's a lot of ramping with SCGL. I have these in the bottom draw now as I've taken a mahoosive paper loss atm. I just don't get why growth is so puny when they have some good names in their portfolio, these guys should be making massive ground but they just pootle along like some garage project.
Oranolio1: I'd feel that it would have been more bullish if he had actually tweeted that statement in the first place or replied to @SuperInvestor11 as to why he agreed it would be worth pounds. I just don't rate Sisto's ability to make money, I rate him to sniff out interesting ideas that could be effectively monetised but I just don't believe he's the person to make it into nice and tidy profits. Just MHO. Good luck all, we do need it!
Blimey, this has hit the rocks. It's been on my watchlist for 2 years :) Having said that I've lost £65K on other shares in those 2 years so I know Jack S-h-1-t about investing to be frank. Hope this one turns around for LTH.
RE: LEVEL 2 HAS MOVED UP QUITE CONSIDERABLY9 Aug 2021 15:07
Lot of buys but no budge in increase in SP, looks like price is being suppressed, a low traded stock like this should have crept up on the buying going on.
@callit - I was just making a point to the previous poster about it hitting zero, I was merely saying sometimes it can go low but I don't see it going pop. I'd love it to hit the 4p mark but I just can't see that happening for a while, hence bottom drawer for now. Best wishes to you and the other holders.