Do your own research.13 Jan 2025 09:19
Lots of bickering and scrambling on here since Friday. Really a shame when a board gets like this.
Plenty of rampers and derampers, all with their own agendas.
The SP here is nearly back to the price before the farm outs were announced on Friday, this is in my opinion ridiculous.
These farm outs are great news for the company and set them up very nicely to begin finding great value for shareholders.
The additional shares are annoying, but that happens all over AIM.
With just under 30bn shares in issue there's a lot of volume out there but the Mcap is what matters, and after the news last week this should be sitting around £30m Mcap not the current £9m
The target price here has been updated and there's plenty of potential upside.
No idea why the markets reacted the way it has, but there's multiple possibilities. Big rise on Friday open gives shorters the opportunity to make quick trades as they open shorts and make it look like a sell out, then stop losses trigger and the tumble continues (this looks like what happened on Friday).
This causes people to believe they got spiked and start ramping up, while others deramp to close their shorts, or get a lower entry..
It's all a game on Aim.
Investors here just need to look over what potential the company has, look at why the current broker rating is 0.16 and decide if they want the potential 4x return or not.
The SP will find its correct value over the coming weeks, and personally I believe it will be a good amount higher than today.
Do your own research
Good luck holders. (Shorters I hope you fail)