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Have faith. It's gonna go up this week.
Sod all...
Okay, simple (like me). So, I expect the sudden jump in SP won't make me richer - unless it entices an avalanche of new investors??? Anyway, if nothing else, it'll be nice to look at an SP which is more than 0.04. At least it will look good!
Pardon my 'slowness'. I missed yesterday's RNS when it was published in the afternoon. There are some fairly major proposals to ponder for 24th Jan but can anyone tell me what this paragraph means:
"The overall market capitalisation of the Company should not change as a result of the consolidation, though the market price of each ordinary share is expected to increase from approximately 0.045p (the price at the close of business on 29 December 2021) to approximately 2.25p."
That sure sounds good but sometimes, if it sounds too good to be true etc...
Personally, I'm over 50% down on this share as I bought in over a year ago at about 0.1. It's constant fluctuation between 0.07 and 0.1 didn't worry me for a while, then a few months ago it went into freefall. It is surprisingly brave of the board to predict 2.25 - so specific!
Is this an opportunity to top up?
https://www.musicbusinessworldwide.com/jobs/7digital-product-lead-uk/
Jobs at 7dig. We must've come into money. Now watch that SP Skyrocket!
... maybe...
Lost interest just lately so, this RNS came as a surprise. I confess, I am no financial expert but whilst this is dressed up nicely as a positive message, as the credit will "... provides low-cost capital that will satisfy our cash requirements as we transition to becoming EBITDA positive" is it me, or does this sound more like an emergency (panic) consolidation loan?
Surely, this is poised to go up after that news item! The trading today is through the roof as it is.
Do my eyes deceive me? Who the hell is investing these crazy amounts? Good, mind you.
Another (???) Mikey on ADVFN share chat - https://uk.advfn.com/stock-market/london/7digital-7DIG/share-chat
Bornagain: Should you cut and run? 90k would be a hell of a drop. My 10k is now only about 6k. It is tempting to bail out of this share and invest what's left in something else but I feel I can't make another move until the Surrey Court decision. I'm banking on that so, that's why I'm resigned to staying put until then.
Benny, how do you know this?
Suddenly, the buying here has skyrocketed! Not even an hour's worth of trading yet. Any more news of the project imminent?
So there..!
Kadlex, those are my sentiments exactly. Since the delirium of last August, we've had a disappointing drop and long stagnation. That's not to say that nowt's been happening since. Between then and now, much infrastructure has been put in place. Many new contracts and others in the offing, can only have strengthened our base. Another rise could happen at any time but the difference now is, a far more solid base than we had last year. I believe a rise will continue long term. These next few days could be the last chance to buy this low. Fingers, toes and eyes crossed...
I've given up trying to work it out. As for those who think that the share price might reach 10p, 25p etc. by the end of the year - well, I hope they're right but if the announcement of five contracts fails to excite the market then, hmm...
Incidentally, since the hysteria of the Triller announcement, all other good news since seems to have had less and less impact, to the point of the latest one being practically zilch! Have we anything up our sleeves that's gonna shift this SP out of the rut?
The buys are now catching up with the sells. Stop panicking. This ain't 1929 Wall Street!
I'm impressed. Do it again and let's have another ride upwards...
Yes, Da.V.E. That's exactly the way I've been thinking since we've been drawing closer to April Fool's Day. I really want a repeat of last August but now I don't want it to happen within the next fortnight. I would have a dollop of money to play with for the next financial year before having to worry about CGT but I do otherwise hope that Vorag, etc's predictions come good.
2p! 3p! 10p! Let's not stop at that - why not talk it up to a fiver? Hell, there's more bloody ramping here than to be seen at an Evel Knievel show!
I will be holding alright. No choice ATM as I'm down. Gotta be 0.09 for me to break even. Not that I'm in a rush to sell but I'm just disappointed (and bored) that it hasn't performed better these last couple of months. Can't say I noticed the 700k mode buy, though. That gives me hope.