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we have large shareholder up their stake recently
and another two projects.
the one in UK is generating revenue soon..
so surely mcap should be above 10m on that alone
and placing can be done at above 1.5p or higher.
so, time to buy back in? way oversold
WINX
I got the feeling, as always there will be sell off on the spud that as we have to wait several more days before next news.
HOWEVER, i suspect there will be no sell off in 88e due to the fact that we have NOT risen as much pre-spud and also many knows farm out news is coming soon.
SO, potentially, there will be some sell off in RMP as those in RMP will then take profit (as they have risen alots pre-spud) and start to jump in 88E soon after spud, as they also know next news potentially the farm out.
THEREFORE, 88E should see steady rise from now, till spud day and continue on after farm out.
I believe we should rise to around 2p soon even before farm out news.
So, 88E is safer to be in, than that of RMP.
my view anyway
you have been saying about placing for many months now, at one point you will get it right.
i can also say sp will be 10p soon, and at some time I will get it right.
i have this for long term and may add more is sp still cheap. hopefully other news will come though fully noted that drilling wont be till late summer.
i also have a couple for short terms news next few weeks incl 88E news on farm out and KOOV premium placing this month. not to mention UPL is expected to bounce hard soon
sketcher just paid 60m to Future.
now Future said " Earning Rs 580 crore in the exit is beneficial for the company as it will be able to invest the money in the best of the options."
https://entrackr.com/2019/02/skechers-exit-future-group/
surprised that we are still below sub placing price.
ARS up after JP Morgan increase their stake.
we have Sprott increase the stake so should be climbing up too..
maybe we will, soon..
around 95m warrant left - worth around GBP 1m still to be converted and at way cheaper price around 0,5p
PIs being sucked in for warrant to dump and take profits.
still overhang to clear and soon, once no more punters being sucked in, sp will start drifiting down sadly :(
we need more long term holders like bigmj and not short term traders.
bigmj, will we be expecting another TR1 from you soon? after all sprott is increasing their stake, so you should too :)
i have two dogs in my long term hold, JLP and CERP.
got the feeling that JLP is about to move up soon with fully funded and revenue increasing.
maybe cerp will start motoring in summer?
total cost of funding is only around 12.5% and not larger(and not expensive) than what some here seem to have suggested. you can call CORO and verified this.
in fact, he said will issue Q/A soon and will mention about this