Agree Keithbars, see below your comment, with your short term view that the 40s. Where I disagree is that it will fall back again. This likely next week. Current price of 0.36p is cheap and therefore a short term prize of 15-25%.
"Dribble dribble, this share is going up, yes maybe into the 40s then back again as their is no meat on the bone and all we get is is rubbish from a company that should have delivered something by now. I cut my holding by 50% a month ago and read with astonishment how some blind investors think this is going to the moon.Keep dreaming this is a share which has a 5% chance of take off and that's being generous
Unexpected today but when dust settles - upwards16 Jun 2021 18:04
Day traders know that the announcement is clever and is necessary.
The funding deal is pretty creative and its head suggests it will give substantial shareholder value. This is what we want as investors. " Rodolfo Galbiati, Fund Director at Negma Group added: "We are very proud to support Supply@me during this period of very exciting growth. The management team is executing a business strategy in line with their ambitions, and the acquisition of TradeFlow will further this work. By creating substantial shareholder value and synergies, this acquisition will continue to drive Supply@me to a rapidly expanding global client base. Negma is delighted to support European Fintech success stories and entrepreneurs."
The share will bounce soon enough, like before, and every time in recent years. This is a cyclical that is trending upwards.
I topped up today and hold a substantial position - I am pretty confident in the finish in June with good news to come.
Hold for gold LTH and I am sure day traders will catch up and understand the fantastic potential here. The share price was almost double in April.
Agree Peakhope. What I like about the share is it can rise 20-40% for no reason and then when we get the sort of RNS of yesterday it spikes only to fall back. Been watching companies for years and the sp goes where the MMs want it - manipulation is rife. Simply - the company is in a better place than 1st April when the sp was high 0.50s and yet it is 0.42p - why. I am sure the secret world will never be revealed as it is too lucrative. What I do believe is that when it is decided that the sp should rise it will smash through 0.5p and higher. This may follow news or not. Anyway I am fully loaded on this and ready to see my pot rise by multiples.
Hold for gold and keep the patience for just rewards.
I wouldn't be surprised if it ended up at 0.48p following a spike to 0.56p