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I have some of these, and quite a few more PFD.......also at a decent price. Of the two, PFD are my favourite for medium term. Just opinion.
I'd love to be able to tell you! but this share defies my estimates. I think it should be 50% higher than it is right now........but it is stubborn. They have an order book, profits and little debt. They shouldnt be where they are. But pushed, I would say 80p by end of year.
Done to improve the liquidity because they were quite high priced. It's called a share split.
Well it's next support was around that, but it held up even during the lowest FTSE for years........so I dont think it will go that low again. I do think you might be lucky enough to get back in at 27p again though. If you're lucky. Just my view
It isn't shorting. This isn't being largely shorted at the moment. I am not asking why EVERY share is down, I know why lots of them are down. I am asking why a good, stable company is so far down being one of the few in a sector with little debt and still a large order book.
I am in profit on this...............but I have made MORE money from failing companies than I have from this sturdy, forward thinking, responsive, competetive and strong one. How? why? what? lol
I really do not get it. Why is ROK not sitting at double this price?
wonders what tomorrow might bring
I just think it' a retrace in a weak market. Cant see any other reason.
is what I come up with.
I would love to know what 20p is based on.......because it isnt technicals and it isnt fundamentals.
Well it's a free world, you can feel sorry for anyone you like. Personally I tend to save my compassion and empathy for those who suffer from a situation not of their own making. Not ones that ARE their own making. I have lost moeny on shares, but I don't whinge about it and I don't blame anyone else.............nor do I feel 'shafted' But that would be because I went in knowing the risks, not just epxecting a get rich quick scheme. You are coming across like a crybaby. I did try to help people by offering advice as to where this could go, I even put a couple of people straight who were about to buy this share thinking there was a dividend to be paid (a two second search on google would have told them otherwise) Now, I'm off to listen to Gloria Gaynor, I Will Survive. You just reminded me of it. :)
And for the record..............look back on this thread a few months, BEFORE it went titts up and you will find me saying exactly the same.
Hmmm. I don't remember being abusive to you. I do remember asking a valid, if leading question. Don't you think the question was valid? Do you think that a stop loss would have done just that? Or if you did buy when it was sub 1p after plummeting that there must be a large element of risk? If you take exception to me essentially saying don't follow a share down to zero, or dont buy into a collapsed share unless you are fully prepared to lose all the money................well........that isn't really my issue. I happen to think it's quite a sensible thing to say.
What price did you buy in at? If you bought in when it was sub 1p.............then you knew what your were getting in to, didnt you? If you bought in high, say 20p or so..............why didnt you have a stop loss set? So stop whining that shareholders get nothing. It comes with the territory.
Your question has already been answered. You are either taking the mickey, not reading, or a bit..........challenged.
Ok, my advice to you is not to buy anything. You seem as though you havent the first clue what you're doing. First thing to do is a LOT of reading on the internet..........then open an online practice account and use that for a while. Lastly, what are you on about with your broker making more out of an expensive share?? if you buy 10,000 share at 10p it costs £1k. If you buy 1000 shares at £1 it costs 1k. Really, do not buy anything until you have done some proper research.
Tell me EXACTLY what the screen says when you try to buy? is it something like 'quote timed out' or 'could not get a quote from market'? Which broker are you with? Have you tried to buy a few times or just once? have you tried telphoning them?
Have you read the RNS?? If you have you'll see the expected offer is around 5.5 That being the case this SP MAY spike higher than that because of buying pressure, but it will definitely come back down again. So watch yourself.
After immense amounts of research..........and I mean LOTS.........it took me near 3 seconds to type 'skyepharma' into google and a further 2 seconds to click on the very first link............the skyepharma website. Then I had to trawl through literally SIX headings until I found 'investors ' whatever that means, and a furhter half second to click on it. Now I'm quite tired and need a lie down.