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I'm pleased about this. If we dilute the shares by about 20% raising £2M this will see us through for at least another year. Another year gives us plenty of time to get things sorted to see a much more significant rise. The SP has fallen from 1.2p down to 0.45p on the fact that we've been powerless to do anything. If this gets removed we ought to climb back up. Remember, the value of the asset has gone up not down, so if anything the company should be worth more.
The rubbish you two come out with. Having conversations with yourselves. The volumes are tiny on this, any movement is MMs making a big of money. This will move when there is significant news one way or the other.
My problem with SRES is that we never see any financials. Until we do it's very difficult to invest.
Usual trends. This will jump back up to 1p end of the week, mark my words.
Baker Hughes a company worth in the billions entering into an agreement is huge news! Ignore the trolls, they are trying to bring things down to suit their agenda. From where we've been there is only upside from here. This is only good newsm
You've said that non stop and it never happens. No basis for it other than your attempts to drive down the price to get a lower entry. Pathetic.
This is a very low market cap company that has secured funding. Big growth in the customer base with increased margins which was a major concern for me previously. I can only see this going up now that placing is out of the way. We need actual tangible numbers for this to be truly meaningful but I suspect that will come out in the not too distant future.
Fake price. Can buy 200k for 0.171
Think we all need to inundate the idiot Colin with messages again. This guy's level of incompetence is incredible really. They didn't word the RNS more negatively if they tried!
I find the market cap here crazy. Producing huge amounts of oil, profitable and with more wells in the making. Oh and a dividend of around 5% to top it off! How this isn't worth double astounds me.
They are institutional holders, these aren't shares going on the open market.
Bushveld did a placing a few months back at 12p when the SP was at 15p. I was annoyed at the time but then watched the SP rise to a high of 27p. It's still riding around the 19-20p mark so it goes to show the positive impact a placing can do at the right time. I was personally annoyed at this dilution but decided to increase my holding. A lot of potential in this company and it could go very far.
Suffice to say if it goes to Toople I'd be expecting another RNS like the recent one. I believe a decision gets made in the next 2 weeks.
I wouldn't want to reveal that it'd be in breach of the confidentiality agreements that are in place. Suffice to say though it's a company with tens of thousands of employees.
I was asking a colleague of mine if he'd heard of Toople as he's Head of Facilities. I'd heard we were looking for a new service provider and were out to tender. Was curious if they'd engaged with these guys. Turns out they are in the final 2 and apparently have been very impressive with their professionalism and approach. There's no guarantees of course but given the size of the company I'm at it could be quite a significant contract for them.
Entry price at this level. Sold out previously at a profit, now tempted again. I think it's the classic second day oversold and expect to see a bounce back to 0.8p tomorrow.
SOLO seems to have a lot of cash now to be able to develop the assets which appear to be proving their worth. The spread on this is ridiculous, but I feel there's a lot of upside from the current position.
Is killing this. Instantly at a 10% loss when you buy. Quite ridiculous!
Any idea what margin they make? Looking at the half year report their profit from revenue is very small. Combined with admin costs it's been loss making. Not sure if the contract win means they will be out of a loss.
Watched this for a while as I thought it was cheap. The spread is an issue but huge upside from here on a low market cap.