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So basically once FCA sign off then that will open up the possibility of some huge growth in the sp moving forward, looking like the FOMO could push the sp many multiples higher leading up to mid May, guess in theory the confirmation RNS could land any day in the next 4 weeks though so quite risky trying to trade this one I would have thought.
Have always thought that the 3p-£3.30 ARB rise was an anomaly, hopefully this share will disprove that theory!
3-5p come close this Friday would be nice to see, then somewhere in the 10-20p range come the end of May would be ideal, this one really feels like it could pick up some serious momentum over the next 6 weeks or so.
How silly? Sp wise?
Feels like FOMO Friday today and it’s only Tuesday! Presuming the buying pressure remains strong this week then could see bigger and bigger rises each day this week! Wow!
Really shouldn’t be surprising to see 10p sp in anticipation of FCA sign off then, should be a very nice few weeks rise sp coming up here you would imagine.
So trading hasn’t really truly started yet? As very few people can get a quote to buy or sell?
I didn’t think there was any consolidation? As things stand?
Yes, anything beyond 0.50 will be a decent start this week.
Yep, 1p short term target.
You think the sp will open up as low as 0.11?
Hopefully 1p will be hit this week or the week after, just depends what the opening price is Tuesday and then what sort of demand and trading volume there is.
Wonder what the new year high will be moving forward, would like to think that 5p will be surpassed fairly easily in the coming weeks, obviously news flow and demand for shares will determine how high the sp ends up.
Yes, 0.30 + would be a decent starting point for the sp at 8am this Tuesday.
Hope you’re right, surely if that outcome was so certain then the sp would still be around 17p though?
God knows, could hit 2p or could rally to 15-20p +, neither would surprise me at this point.
That’s a good question, can only presume that the regulations dictate that once one RTO breaks down then trading has to resume even though presumably it will be only a matter of days before they announce the new partner when they may have to suspend I’m guessing, does seem crazy doesn’t it but as long as they can get this new RTO sorted very quickly then at least can move forward finally.
That language used suggests that they must have a different company lined up then? Otherwise like you say it wouldn’t make sense to bin off bolt like they have would it.
GSB are a gold producer ,their main man Mr Heist has a very large stake in GCG and was originally rumoured to do the RTO but a ongoing court case at the time tied him up but now that is settled he is free to RTO into GCG
I’d it does turn out to be GSB as expected who take bolts place then the sp should recover to well beyond 17p short term you would imagine so no worries.