steve58322 Oct 2015 10:05
Agree, there's a low free float and any decent volume will move the share price significantly (works the other way sometimes like on Monday when it dropped 20-30% for no apparent reason).. I also agree that IF the golf is sealed for 2016 and IF there is a growing music business - then the share price is dirt cheap at this level. The risks are a) company has debt (ditto most companies) and a further placing cannot be ruled out although i suspect the company is being pro-active because it needs a higher share price before it can pull off a worthwhile placing (fine by me).. long termers like me need this to multipy x3, x4 or x5 times to get back to breakeven but if you are new... you might do very well over the next year IF targets are reached gl