Member Info for Hertstrader74

wow it closed at 0.68 hK some huge 2 x 300k and a 228k buy at 0.65 a few minutes before the close also

nice to see good volumes again in HK, SP currently up 17%

I still think we are clenched in this damn overhang. Still seeing block sells including one for 5 million

Why would they agree to a years extension to the warrants. I do hope he isn’t being nice to the bucket shops to get away another placing. Took us ages to get past 4p last time

Will be interested in how the market is for CNE overnight as HK exchange opens again after the luner new year. It has been great to see investors starting to cotton on how undervalued this is over recent weeks. 5/6 weeks left to results. Not many trading days to get in so cheap

Imagine how the guy who sold 124843 shares at 10.07 feels this evening Ouch

to be fair their cashburn is not that high, so give brian some headroom, EGM needs to sort the administrative issue out, then onto dore bar results, the rest of the spoils, and rig mobilisation to drill olympic

i certainly expect the share price to be around 0.8HK in the run up to results, i think you right Simms, the recent rise and heavy buying is probably a leak of a major contract being awarded, but as you say we are left guessing, and am at a loss why CNE are not blowing their trumpet about such success's I continue to hold here

i agree with sanboy also. I think a rerate to around 0.5p/0.6p (after warrants are flushed) is likely on news of rig mobilation for Olympic and 1p plus on half decent results A good dore bar result will lift us bacck to 0.3 and the volume should help flush the remaining 0.2p warrants. Now is a good time to buy for a decent return withing 6 months

topmoney do you expect the sp to continue to rise after the consolidation this week into end of year results? i suspect we are probably down to less the 5% or original aim holders now??

so that explains the overhang last few days, placing at 0.6p

thanks for that info, i have just emailed back to HL about my complaint which they said they could see no wrongdoing, i highlighted the amount of times i had to chase this and the stress and inconvenience so they do a similar gesture of goodwill to me also. Blue day in HK please about 6 weeks left to results?

Again. Holding .54/55 so consolidating well. Another day closer to results and can only see this no wing up the closer we get to them

does look like Max Williams has exercised his 0.16p warrants. he can then use these votes to vote YES so i don't think we have our usual warrant churn with this one. So a positive RNS this one and £50k into our accounts. i still think we are seeing an overhang of the 0.2p warrantes being drip fed into the market which have yet to be declared

And because they are dealing in the main with China, and nearby countries that have all done well with regards the pandemic, i don't see our results being impacted too badly by covid as opposed to companies in western europe

quite a sell off last couple of days, hopefully just profit takers and distressed aim sellers and not a pump and dump. end off week at 0.51 so a good weekly % rise as we draw closer to results

That’s a great find about the RB tweet. It has been a long painful few months especially when we were at 0.3HK. I wonder if the market has gotten wind of results on track and can see the huge disconnect in market cap to fair value

yes i agree, i think aim holders are a lot less then 10% (probably can notice that from the fewer regular posters here). Its a shame that so many have sold out at 0.3 with massive losses i do think we will be comfortably in the mid 0.6s next week

With the HK dollar at roughly 0.95 that means you need to take away 5% from the share price. I think most distressed aim holders have probably already sold. There will be a fair amount awaiting the results in March and can see a sell off after that. As recent volumes suggest the results should be very positive I am hoping for an extensive end of year results and firm news on all our contracts. It’s great there has been a resurgence over the last couple of weeks and we don’t need to worry about a placing overhang as double river screwed us over on IPO day crashing the share price. In my opinion the sp should be sitting at around 12p at the very least, I don’t personally want to keep holding if the only updates we get are once every 6 months on results

Topsy turvy trading in HK. Dropped to 0.5 and recovered to 0.56 at end of day. 0.6s next week is highly likely