The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
On this EUA forum in particular it's a case of rampers are share holder and derampers are non-invested green coffins. Same predictable rubbish on a daily basis on here.
The rampers will say 'but I'm just stating facts for all the LTH' despite posting the same rubbish every single day (Nanny MacPhee I'm looking at you)
Very, very few derampers will actually want the price to fall so they can buy in. If they don't believe in the company, they'll never buy in.
I finally got round to opening my ISA yesterday so I may do the same and transfer my 7Digital in to the ISA but certainly not this week when there is the potential for some news on Thursday.
The 500k trades seem to be showing as 2 sells followed by 2 buys so possibly someone that already holds 1m shares transfering them in to an ISA.
Ontherise, you were lucky to jump in on some investments after the Covid collapse. I unfortunately missed out but was extremely fortunate to have sold my business in early March and retire so I was still sorting my finances out in when in hindsight I should have been investing on the lows.
I've been investing since the 80s and hold a portfolio I'm very happy with. Most are fairly steady growth, low risk but at the moment EUA is the one that has my attention as the 'multi bagger' as the kids like to call it. I'm looking forward to the day my phone buzzes with the RNS announcing the sale. I've promised my wife a week without my phone by my side once I've banked my EUA funds. She was hoping i'd throw the thing in the bin when I retired.
She buys on highs to give it some traction even though there is traction already there to give the highs. Surely it would make more sense to buy on the lows to create traction and also to make more money.
She surely must be a godess amongst men if her buys yesterday and this morning have single handedly provided the traction to reach the upper 40s.
My advice would be to not listen to anyone on here when it comes to actual investment advice. I treat this forum as entertainment only that is mildly linked to an investment I have.
Far too many people take it far too seriously which leads them to believe that other people being even remotely negative is going to impact on their investment. The reality is that it isn't.
The LSE forums are merely a online investors interactive soap opera.
Today's 2.9 states the total number of shares as 2,758,701,681 however the RNS dated 1st July stated the total number of shares as 2,724,774,624 so it's not just a reiteration of the same number.
Hopefully this update with the new number is preparation for the sale to go through very soon.
I'm in Sam, been in for a few weeks.
Expect santa to come and visit in 23 days
Expect lockdown tiers to remain in place until March
Expect this share price to go up or down in the future
Expect an RNS about the sale of EUA at some unknown date in the future
I don't understand why you get so wound up by him. If he believes this is going back to mid-20s let him sell while you continue to hold. His problem not yours so why the hysteria?
Steve gave a perfectly reasonable answer to the question. Why are the kids giving him abuse.
If someone believes the price is going to drop again then now would be a good time to sell.
Personally I don't believe it but some might.
I'll provide an alternative answer. Those that have been in since 0.5p are seeing even more of a massive profit than they did a week ago. 40+p might be enough to get them to sell.
Personally I'm holding but there are a few genuine good reasons that people might sell.
We've just had a 2.9 as a nice bit of foreplay but does anyone know what the code will be when the sale announcement comes.
I got really excited for a minute because I had no idea what a 2.9 was followed by disappointment that it wasn't the right one.
What does that mean? That's just telling us something we already know.
BigBear, no amount of research can tell you what the final sale price will be, it's all guesswork. It could be 60p or it could be 300p, we just don't know.
If it was easy to research and come up with a reliable number the share price would already rise closer to that value in anticipation of the sale. It is the unknown that's keeping it at the lower levels.
Unless you're a Tory MP then it's OK to do whatever it takes to avoid paying the same taxes and the peasants you're meant to be representing.
Or don't put a sell limit on at all. Once this shoots up to the sale price, it won't be coming down again so you'll have time to sell.
Postie, if you don't check on your shares every day but you want to be able to sell when the sale gets announced try downloading a trading app on your phone that can give you an alert when an RNS drops. I use both 'Vox Markets' and 'Share Talk' just in case one of them misses something.
Then you can sit back, enjoy your retirement (like I'm doing) and just wait for your phone to ping to tell you that your investment is worth considerably more than it was previously.
You'd end up selling for whatever price you're given at the time your sale goes through. All you'll know is that it won't be less than 41p but it could be more.
If the RNS came in with a sale price of 200p you might get a sale at 80p as it shoots up to 200p which would be great that it's double your sell order but very annoying that it's a lot less than what you could have got.
A sell order on this share is utterly pointless because once the RNS comes in the price will shoot up and not come down again so you'll have plenty of chance to sell.
"Blink and you'll miss it" to me suggests the share will very suddenly shoot up then back down again which is what happened with the Triller announcement. There was an intraday high of 4.8p which very few will have taken the chance to sell at. Ever since then there has been a gradual decline back to current levels.
Personally I think if we get news of profitability there will be a sustained rise that should still be there even if you blink when it happens. We may get an initial spike but any following decline shouldn't be as bad as the increase will be based on some kind of facts.
The 'blink and you'll miss it' rises will only come from contract wins that look exciting at first but have no finacial figures or facts to back them up. Announcing who the global tech company is could be one of them. If we get given a big name but no numbers there could be initial excitment then the realisation that it could be a peanuts contract with a huge company.
Whatever happens, fingers crossed for profitability very soon and sustained growth from there. That'll put all investors in profit eventually.