RE: RE:16a and 16az2 May 2019 13:18
This share can move for fun, MMs trying to accumulate genuinely believe this will be at 30p minimum by the end of May.
Like bigboffer said:
People are welcome to bail out and on the usual AIM dross I couldn't agree more, take 100% rise and move on. This share is different and doesn't have dreams of being cash rich with no debt, it already is. Don't bail out of the good ones as there are hundreds of bad ones. This one will be bought out or moved onto the ftse very shortly. It wont stay with a 50 mill MCAP with 12mill a year coming in off one rig. Think realistically, it will soon be raking in 40 to 50 mill per year on an earnings ratio of minimum 10 which makes it half a billion mcap at the least. Will easily do 50 p to a quid very quickly. Buy out is my prediction.keep watching and watch out for MM games of buys recorded as sells, after hours deals, tree shaking etc etc.