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9.85 ish
on this should be 20p for starters.
tend to get this mess with low free float shares. give it a few days to work through if you are comfortable enough doing now, I would suggest (but you prob know this). High quality post from Orbis.
might just come back in a week once this froth has subsided.
And also - you're going to get that discount as it is not confirmed cash and not confirmed as being distributed to shareholders. The underlying investment appears to be in good shape so I think we have decent enough asset backing which should in time support a higher share price.
If you are referring to what I may have said, my reference to 20p was that that was more of a realistic floor to the share price than 30p or NAV or whatever was said prior. Given nature of this share we are going to be at a fair discount to NAV. I do still think there is legs in this yet. Perhaps not today but perhaps not too far off
must admit - this was a bit of a punt for me, was hoping to be in and out of this today (and perhaps could have been if work had not got in the way) but I am a little more comfortable holding that bit longer now to see where this goes now I have read up more.
I thought I said that earlier but my post was removed or something. pah. I agree, of course!
20p floor
this is all making the weekend come quicker
https://www.youtube.com/watch?v=sWM4-Eg4GT8 We're on an upwards curve!
The Rns was a lot better than watching the cricket
In and out of that already. Only invest in AIM so my portfolio is high risk high reward anyway....agree on punt money comment
You are wrong in that there is no news on the way. Fully expect a detailed RNS on new contracts shortly. This is a turnaround so you are buying on expectations of growth. They appear to have reached the bottom so should be on an upwards trajectory from here with new contracts, efficiencies in the cost base and current run rate. High risk but lowish market cap to revs and potential to make a return on your investment here.
Still peed off I missed Zam at 9p. Been bugging me this month, can't let it go!
Can you keep your spats to Twitter pls guys?
Agreed. Let's be nice. This could go to 30p, it could not. It might need cash, it may not. It may have the mother of all deals with O2, it may be less so. This is fairly high risk 'investing' I wonder if the fudge release just enabled their II to sell down some shares into the liquidity that generated. Cynical old me
Good. Bit of ccy on funding affecting them but steady as she goes
You may want to re read the figures.
I understand. I guess my point was that you don't need to advise the market when you intend to release the results rather just release within an appropriate timeframe. Results are ok, share price is as expected I think, expect it to provide opportunity to reinvest pre release of the full O2 results