Member Info for Kingalf

According to my chart there seems to be a gap formed around the weekend of 20th February at 50p.
You usually find that these gaps are filled, can anyone else confirm the gap ?

Totally agree with all the posts, a solid company, reasonable debt, looking out for the community, pays a half decent dividend and actually makes a profit. You would feel that this should be booming and in a parallel universe it probably is, but in this one I get the feeling that the leeches are about short this.

I seem to recall back in the early 90s that a lot of banks and Building Societies became involuntary landlords.
So many repossession and no buyers, they were forced to rent out the properties, and in a small majority to the previous owners. Happy days when markets were allowed to correct without central bank intervention.

I didn't include the drop last March after the failed trial when it went as low as 3 p

Draw a line from the June 2016 low to include the subsequent lows since and it forms a long term support line around the 6.65p, admittedly its not a guarantee that it will hit it, but if you are looking to join the party again and want a fairly safe entry point that IMHO would be it.

As per my post on 2/3/2021
I'm holding out for 6.65p, that is a long term support line stretching back to June 2016.

ontarget it will cost them more in dealing fees then what they will get back by selling their holding.

Can pick these up for 8p this morning, contrary to Moneymunch endless posts over the last 9 months saying that they were about to rocket higher.
Still expensive IMHO

You will probably find that short term investors who were not previously invested, purchased a minimum holding during the offer period, they then subsequently applied for a greater number of shares under the Excess Application Facility at 8p hence the over subscription. These investors will look to offload at the first opportunity hence my view that the price will drop.

You know my predictions tend to be right Moneymunch.
I got the move down to 7.5p back in November when the price was at 13p.
I was the first to bring up the prospect of a placing back in September.
6.65p is on the cards

I'm holding out for 6.65p, that is a long term support line stretching back to June 2016.

Rr101 - The Investors Chronicle is a good source, they mentioned Argo a month ago following the private placement. The price was around 91p at the time and they had a hold status.

Munchbix -There is a gap at £1.45p that needs filling. Im holding out for that before dipping my toes in again.

Don't forget the gap at £1.45p needs filling.
It will eventually fill it, just a matter of when.

Seems to be a gap at around £1.45.
If there is any sell-off in the near term, that could well be a good entry point for any newbies out there.

Call me a cynic, but I do think this consolidation has financially benefited some presents and ex board members. They have form when it comes to looking out for their own interest over the ordinary shareholders.
Remember when the board of Tesco changed the way it calculated bonuses for supermarket executives because rival Ocado had became too successful. That move allowed the then CEO Dave Lewis to get an extra 979,113 free shares which he has now received £498,368 in dividends.

Let's not forget the drag on profits and therefore the share price Tesco bank will have. The UK banks who have reported to date, have had to make further bad loan provision so expect similar action from Tesco bank.

prussell1963 - as per your earlier post, I'm going for £2.18.

I read this in an ft article at the weekend.
Does Bravehar have any connections to these companies.
The UK government has selected three British companies to make rapid Covid-19 tests, as it seeks to shake off its reliance on foreign producers and create a domestic diagnostics industry that is prepared for future outbreaks of infectious disease.

The Department of Health has chosen Omega Diagnostics, SureScreen and Global Access Diagnostics to produce up to 2m lateral flow devices (LFDs) per day for the UK, according to two people briefed on the decision

SuperSonicBoom you certainly called that one right.
Well done,
Was it the covid testing kit??