Member Info for kingrav

That explains why the price has touched and rebounded from 49p. It was the share purchase to the director. Probably fall from here now, especially if he sells them all, like i expect him to, for bullsh*t reasons like tax obligations.

They reduced by 0.02% - hardly anything - mind games!

Its in the best interests for the cosmens if this goes into the 30s - they'll let it happen, then take the company for 50p a share. Wouldn't be surprised if they're lending their bought shares to a shorter

Such a big downtrend - can anything reverse it?

Thought cosmens buy might do something.

Problem is NA sale won't be for months, the sp could be severely damaged by then. Markets know cosmens not serious about a bid, hence no reaction now

Not as risky buying at these levels! 🤣

Could drop another 40% from here!

If 45p doesn't stop the fall, then it'll be a quick ride to 40p, and the door opens to the 30s

I don't believe a word they say. Even their forecasts are rubbish. The company is making a constant loss, and they lie about the fact they are making any profits. Shorters are well informed, take heed, bad news coming, maybe a RI , so sell and buy back in the 20s . The board hide negative stuff, and only tell us when they are forced to. I reckon the NA sale has already fallen through.

I think this will risky mess up the NA sale, look how cheap megabus assets went for - mobico heading for 30s , or lower , or administration

Well we're here now. Next support level is 40p, I guess

I'm not too sure that macro good news will impact this share now. The ftse 250 relegation is the immediate threat. Once that's settled, maybe that's the time to buy. That's what the shorts are being on, I think

Agree John33, they're bringing this down for administration, Cosmens are in on it.

I think the same will happen, a drop to 28p , I'm buying then!

JG68, that a pretty damming report. 40s / 30s very possible now.

The new brokers price target is 66p, plus institutional offloading pending drop from ftse 250. I think this will make new lows

I know Carrington, followed your lead and sold at 66p as well.

Pedro , this is in freefall - 40s as soon as next week!

They started adding more at that price. I admit , they already had positions open, but it doesn't bode well

So they must reckon low 40s are on the cards

And probably just 3 days to fall back there 🤪