RE: UBG up 100% because of an offer28 Mar 2023 17:58
I don't think anybody does suedee but I would say LVCG is missing the main ingredients of a pump and dump.
Pumps are never backed up with fundamentals. If we see another rise here, then it will be because of fundamentals IMO and so even if this rise is at an eye watering rate, I think it would be unfair for it to fall into the pump/dump category.
Even last years rise was on the back of the hype around the K-POP division, which was then backed up with Miton's investment. We know now it proved to be a false start but ii's don't take a stake in pumps/dumps.
As pointed out also, none of the twiteratti placing flippers are involved here either, because they've had zero placings to feed off. Which is also another ingredient to a pump that is missing from LVCG.
We are painfully undervalued, as MB10's post outlined before, so to even get back to a sensible valuation needs to be 100's of % increase.
Inevitably, any rise is going to get the attention of traders, but if we do see a meteoric rise, then imo it will be because of contract wins which increase the chance of LVCG Group hitting the magical word called PROFIT this year and so shouldn't fall into the dreaded pump/dump category.