SP angel gave a fully discounted valuation of 7p which is 500% upside from today.
This is so cheap at these levels only been held down from the seller who looks to have just about dried up - we await holdings RNS but they will be gone today thats for sure. This will rebound over 2.5p with this sort of volume 2.5p will be hit this week with ease
trying to cool this off by falsly widening the spread as they can keep up with these volumes... fact is pretty much all buys apart from a few sells early on, this has breakout written all over it.
Still 4v1 so tick up imminent
ticks lots of box's for me.
-Currently a seller holding price down giving away cheap shares, when they finish 2.5p on the cards looking at 6 month chart
-Can currently buy below all placing prices
-Director takes no salary and put his own wonga in
-Director owns over 20% of company
-Teeny tiny MC
-Potentially billions of barrels of oil with 15 interested parties currently reviewsing for farm out - news expected here soon
-No placing required according to CEO stating next wave of money will come from farm in.
-Purely exploration company so profit is made when FI partner bids for land
-Very little downside and huge potential upside
joined the party here, looks liek when the seller finishes here it will se a rebound to 2.5p as per Zak Mir.
Seller to finish today looking at volumes. Great time to jump on board.... £1.8M MC is too low
Sorry for all those that have been caught out here I hope you can salvage what you can from this... BOD have dealt with this very badly IMO and should have suspended these shares days ago.
cheers. LOND should 100% release a statement of takover negotiations if they were true otherwise they can be held liable for not updating the market. This news is purely rumor, BOD will need to cover their backsides and thats the RNS you need to watch for close of play today. They are potentially massively in the sh*t
LOND should release an RNS stating they are in takeover talks and suspend shares from trading if takeover is true... until anything comes by way of RNS from the company its all spectulation IMO. Otherwise it is incredibly unprofessional of them not keeping shareholders updated
Good way to look at it and completely agree this should be back over £1 by christmas minimum. Markets are grim so think im going to switch off.. full ask being paid here now so perhaps a small tick up coming...
Great to hear from you mate! Yes SYQ is massive no brainer. Sentiment is low I think because all business is currently in Asia?? No idea but mop them up at these levels and market will eventually wake up.
Im expecting RNS release when new Maaduu website is up and running also trading statement for September.
lol but good to see people buying this up now. This is the stock you want your money in times where the market is jittery becase its producing very healthy NET profit. Risky shares are non revenue producing ones or ones producing net loss (i.e 99% of AIM shares). This is a very good one to move money in to IMHO
Keep an eye on the Maaduu website, should be coming back on line soon and we now own it! Should add further significant revenue to the bottom line. Strong lean company here that is in a strong growth market. If we just maintained 1m net profit for h2 we will be still looking at a pe of 7.5. This is however looking like it will get smashed to something nearer pe of 5. I wonder when the next trading update will be