Member Info for ihavenoclue

They were 1p a YEAR ago and that was a drop from 11p. They plan to delist from AIM in May. Do you even hold shares here ?

I think you are thinking of a share placing where as this is a rights issue. Anyone with shares can apply for the new issue of 600p a share. This will strengthen their cash considerably paying off a large debt and giving financing for the next 2 years. It does not mean the shares in issue will now drop down to 600p ... you need to do a lot more research IMHO especially before coming to the conclusion "that the share is now doomed" ...

I bought in to NNG at 0.9p at the time. Wish i could have a few more like NNG this year :-)

Hate to say i told you so .... the MM's seem to be in a hurry to drop it lower than the place it rose from this time round ... fair play to 'em !!

If a company had 10 million shares and the shares are £1 and they are ordinary 5p shares. If they had a 1 in 10 share consolidation the company would end up with £1 million shares with the value of £10 a share and the ordinary share goes up to 50p. Companies normally consolidate as it makes it more appealing to larger investors and even PI's also get the benefit of the smaller spread of shares with a value over £1. Makes for more attractive trading .... As for sell or hold that is up to you ... share price after a consolidation can drop .. as i have seen with many shares after being consolidated ... some 50% within a short space of time. I have no idea about PRTY so i would offer no advice.

I wouldn't touch BLR with someone elses bargepole. ANY rises they have had over the last 3 years have been wiped out and more by much bigger slides. It continues to show the same downtrend that it has for those 3 years. IF you are mad enough to think about buying here do a LOT of research first reading RNS's of the placings and how the management have crapped over small PI's time and time again !!

It is the wigan hard guy who has the anger issues LOL

It is £0.60 or 60p !!!

YOU are the one claiming 15% in a day is HUGE. After a 66% drop it is called a "correction" and seen as no news has been released it is exactly that. I am sorry if you are so stupid you can't understand that but Wigan ? Shouldn't you be working on the bins and not worrying about the stock market. It seems to be way above your little mind.

15% rise in a day is NOT huge. The 100% rise on one day for NNG is huge. You are the one who has no clue. Before posting the clueless drivel you post have a look at how far a share has dropped BEFORE you say that a small correction to the scale of the drop is HUGE. You say i should respect you when you have no respect yourself ? Shut your piehole ... idiot !!

It dropped down to 72p actually and that DOES show on the chart here !!

What about the 150p drop over 20 days ?

What are you talking about ? This is just a correction and does not mean news is due. it shouldn't have gone below £1 in the first place IMHO

kiwikev .. have a look at CNR ... 1.85p's are buys but showing as sells .. maybe be good for a short term rise.

It annoys the hell out of me as it has been so blatant ... i am happy that one of my shares is up and still rising but the manipulation for the big boys sickens me at times. kish .. if you want to buy in the SP is currently more than 20% less than what the director buys were at ... that is no investment advice as most of my stocks have tanked this week. Whatever you decide good luck with it. Regards IHNC

Is that a signal that the buyer has got in now ?

I agree with imran, a target price of 150p is a LOT more feasible than 300p. Not sure when it will get there but at the moment i am more than happy just to start seeing some of my shares heading northward.

shorters will now have to pay higher margins so it increases their risk so many should hopefully close. I feel this has been shorted, along with SEY especially after the US announcement, so we shall see in the next week or so if the current trend is reversed. All IMHO Regards IHNC

But i still bought ... only silver lining is that it recovered half of the drop before close. I feel the bottom is close .. well at least i bloody hope so. My portfolio has dropped just over £2k a day this week !!

A lot of charts are showing the same nose dive for no reason. Just investors selling and MM's dropping the price fast to catch up or in some cases .. just in case.