The Only interest should be Barclays who have a significant loan out to Alpa at a huge percentage and they want their money back! Reminds me of Faurbtiar Homes which were suspended and saved by I think Bank of Scotland they then did a something like 100 shares for 1 and traded at 2p. The good news was they went to at least 80p a couple of years later. Here I fear it's kiss goodbye.
Seems like yesterday they spun this out of GDG so can't see why they would want to delist it but it all looks a bit fishy. Mine stay in the bottom drawer and I won't be adding...
Out f interest, are you short, long or just want prove everyone wrong?
Thanks Crash and Koolervanme. Appreciate your input which backs up my fears. I believe what they have works well but unless GDG fills the order book there is little hope of pulling any other big orders out of the bag. Frankly little point in selling at this level though miricles can happen! Have a good weekend,
I bought in here because I believed Greka were at the cutting edge of technology and at least they have proved their potential but may be other drilling companies are making progress and the company is loosing it's advantage. I guess this is a typical AIM share...20:1 odds against winning. Bottom drawer with a couple of others for me. At least I didn't bet my shirt!
I decided to act on the old adage sell on rumour buy on fact so cleared out this morning at a loss but didn't have many. If the news is good, GDL will bounce and that's where I have a sizeable investment. Time will tell. GLA.
Seems crazy but all Greka shares had dumped for little reason so a mere comment in the papers put us back where we aught to be anyway with more to go IMHO.
Do you mean GDL? It will take a miracle to move GEL! If GDG holds after the update, GDL could well mo w close to 10. It's been overlooked IMHO unless of course the Daikt Mail has it wrong....
GDG up 30% this morning. If it holds, we should move up as well....
"As at the close of business on 14 January 2016 the estimated unaudited Net Asset Value per share was 79.89 pence (including accrued income, which excludes an amount of 1.25 pence per share in respect of the quarterly dividend to be paid on 29 January 2016)." Current yield of 7%. I'm happy to hold here.
Hi Wanga, what does that mean...a correction to what?
Nothing has changed except a temporary lapse in the SP because someone sold up. I see no reason why we don't see 6-7 p again soon which is what I believe is a fair current value. The company have said there is no reason for the drop today so no surprises expected in the update next month. GLA
Sorry meant "to take on"
MM having a good day then mind you it takes b***s to on an amount like that.
Just hope it not someone who has heard a whisper!!!!
You probably are and I just joined the club! One day we will come good here but I understand those who cut and run. Good luck...
I just took IG for a bit a 4 for a quick punt.....and 4 bid now...
Cheers
Do you see any news JH? 3.5-4 on IG!
3.75-4 on Ig. Is there news out?