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I am not leaving just yet.
Still a lot of action to be seen in my opinion, volume has been better recently and some big players are also building positions which is always a good sign.
Anyway where is WBJ, he has been very quite recently?
GLA..
I would be interested to know who else is building positions, lets see what today's RNS shows.
I'm still staying put, I still think we have some good action to see.
It could easily be a new party just building position...
Volume is high which is a very good sign... lets see what's down the line.
At these rates anyone rich person with pocket change can come in with a much better offer.
GLA
Current offer if they actually manage to buy it for that price is a steal of this century.
I think we still have more positive actions to see, but lets see whats happens.
To me it just seems they were just shaking the tree to load up on shares while its still extremely low.
GLA
Agree, its more to do with getting people talking and at the table rather than an actual serious offer.
Also he has 25% so its standard to try and make some sort of offer, I'm guessing they get the first refusal or so. From his point of view its worth a shot based on his affordability I'm guessing even if its something completely ridiculous, its a win win situation for him anyway.
Yes finally some volume and activity, lets keep it up...
I actually set my sell limit to approx. 100p which is more of a true reflection of the potential value of this company, anything less is a bargain in my opinion.
GLA
To me it looks like people are waking up to the potential of FCCN.
Lets keep it up...
Its a good start to SP recovery.
Hopefully we are getting closer to a good offer..
Some good price action at the end.
Hopefully this is the turning point, its long overdue.
Agreed.
We just need the current or new bidders to see the actual potential value in FCCN, some are buying any tat for crazy money, hopefully they will open the opens soon.
Some positive movement in SP, good start, still have a lot to recover.
Yes people will realise the potential, others are getting a bargain at these prices, I wish I was able to get in at the current prices.
GLA..
Agreed that we are seeing good recovery all around.
Also a lot of companies are being bought up now and at very good premium, unfortunately we are just dragging our feet, possibly unnecessary delays as a result the share price is just drifting away as some are just taking advantage...
They really need to get on with this deal ASAP in my opinion.
Yes its a common issue with FCCN it seems.
Agreed, everything is positive but it does seems like we keep getting pushed around and taken the p... out of.
Current share price is not reflecting our value.
Yes considering its Covid19 results are reasonable.
Also takeover talks are still progressing..
Come on its not even 1K worth majority of people own more share than that, its meaningless.
They are NOT shorting, they are just doing MM work.
Yes good positive start.
Hopefully late afternoon we will see more upwards momentum, we are still playing catch up to actual value etc.
21P +...
Activity will start picking up towards the end of day.
Hopefully will finish today at 21p... lets see..
WBJ,
I agree that Major shareholders and not dumping etc.
However its become extremely frustrating that the MM's and some others are doing everything to keep the SP as low as possible.
But yes few more day to go....
I don't believe its a bad sign at all, its common due to Covid19, also they are finalizing deal as we speak so its normal.
Also yes its true that a lot of these trades are showing as sell but they are actually buys, that's also a common issue unfortunately which is misleading as it encourages others to sell.
Some are getting a great opportunity to buy the dip.