Member Info for highlandmatt

WeShop back out of trading halt at $28.

Halted at $28 then reopened at $33.

In theory it should be over 2p, but as it is Aquis, not visible to as many.

Seeking $30 again...

Yep. That's why we all bought in.

WeCap holds approx 1.3m shares in WeShop. The exchange rate is roughly 1.3. So the easy thing is to take the dollar price and that is how many millions of pounds WeCap's holding is. So $27 = £27m. Take off the debt = £19m NAV. Current mcap £4.6m, so should be worth just over 4x as much = 4p+.

You have to subtract the outstanding debt of £8m to get NAV.

US volume 16m so far, and market isn't even open yet!

FCUK. $30m means WeCap's holding is worth £30m. Minus £8m debt = £22m. Versus mcap of £5m. So should be 4p+....

Just bought back in my ISA to ones sold from the trading account. Yes it's higher, but I don't want to be paying tax on the massive upside.

Looks nailed on with a look through valuation of 2p currently.

Wecap NAV £9m Vs £4 mcap. If WeShop takes off on opening, that gap gets bigger. 1p+ here this afternoon?

Even if results haven't leaked, if someone has shorted this from $100+, the results would constitute a risk, so time to take the handsome profit. However, as this is quite illiquid, any naked shorts may have difficulty obtaining stock to cover.

Think I saw a figure of over 4% short interest yesterday.

Sells are 0.66. I must admit I sold a little of my trading pot that was bought at 0.35. Core holding retained.

WeShop seems to have stabilised at $13 premarket. That's up 60% on top of yesterday's almost 50%. WeCap up 40+% this morning. Will we see another 50% this afternoon when the US opens?

Ok, but where are you getting that info?

Where are you seeing $9 Duke? I'm only seeing $8.2 - 8.3?

Events on 13th, 15th and 16th.

Possible. Up 50% now. WeCap back in to positive NAV. A step up in the morning on the cards.