Member Info for jonesrichard

Hopefully, every RTO I’ve seen so far has taken a long time but hope this one can suspend at 1p + and then relist within a few days even higher, that would be the ideal way that this plays out anyway!

WOW!

11.10.22
16:10:25
0.13
GBX
30,000,000
37,800.00
Off-Book
P LRGS
XLON

Obviously would depend on the terms agreed but it could do yes!

To be fair if the MC does in fact need to be 30 mill for a main market listing then even with some new shares in issue you could actually see an 3-5p sp at some point!

Is it correct that for a main market listing RTO the MC has to be a minimum of 30 million?

Thanks

My understanding is that it could been any day now?

Even I might have made money that day from what you describe ! Lol although I usually find a way of ending up with less then I put in so who knows! Lol

Yes, 40p us a bit strong even for my tastes! Lol

Just before close, presumably should see a stronger rise tomorrow, amazed the sp didn’t go into the 20’s today but mms needed to grab as much stock as they could for the rest of this week as confirmation of completion of RTO could come any day now!

So in theory the sp could come out many multiples of 0.65 post RTO? Obviously depends on the terms but is multiple pence conceivable? Like say 3p perhaps?

Yes, this is like an mm’s dream situation today so expect games all the way up to the the 0.50-0.65 level by the end of this week!

Still feel that there could be more gains from these levels this week.

I do see where you’re coming from, this could have just gone from a week hold to a long term hold! Lol

Every share carries equal risk in my mind so even if you buy when the price is well up you can in fact still make plenty if the market values the stock much higher so I respectfully disagree with your view.

I did buy in yes at 0.15.7 so could be a 200% increase in the coming days hopefully!

I haven’t missed the boat if the boat is intent on moving to at least 0.65 very quickly have I!

So true value should turn out to be at least 0.65 very short term?

What a shock, Earl finds a negative angle from an insanely positive RNS! It must be his job, I’ve never seen him come on any BB and post positively post any RNS! I sense that upon a £140 million euro millions win he would respond “it’s good, but it’s not £141 million pounds is it?”

Yes, all time high of just over 32p, presumably will see a brand new ATH in the coming weeks hopefully!

The way it finished today did feel like the rocket launchers were started to warm up, then again sp’s do have a tendency to inexplicably do the opposite to what you think they will! Who knows, could be chased up another 200% tomorrow if the buying pressure and volume remains as strong as today on the other hand the mm’s could play their favourite game of dropping the sp very sharply in an attempt to shake a few holders out of their shares just to sell them back later at a higher price like they did today! All you can do is DYOR and hope for a similar day to today! GL