Member Info for KNIGELK

Not sure about breakdown as I tried a dummy sale and it was at 5.07p so obviously the spread is very tight here atm

Well at least the sellers have allow anyone buying the shares to get them sub 18p at the moment :-))

Sudden buying interest.. :-)

It's times like this when I know I have to get live prices and level 2 online asap lol

I didn't think so and hate piling into shares surging without news... I do watch SWAP and have been invested and once the share price settles down may reinvest because I do believe an update is due soon gla

Has there been a RNS? Or is this just the latest share getting a spike because of its China interests?

200 buy - isn't this usually a broker code?

I've been here since the 0.8p days a couple of years ago - selling and adding with share price movements. I'll be really surprised if a bid comes along as only QPP probably will be interested and they should really intergrate the companies they have already acquired imo

Just noticed! lol wow definitely some stake building going on it seems....

Funding is being mentioned because the company has US$ 9 million cash (i think) in June and the cash burn rate was US$ 2.5 million per month. Of course Turkey and/or China might now be generating substantially more revenue but almost certainly not enough to stop cash burn - that's the trouble, revenue is unclear and not being reported - or projections. Therefore two things look likely soon - first the China update and then news on if/when funding is required. GL

I don't actually expect it to drop back to 3p but it WILL drop back on any significant cash call - it's more likely to go back into single figures that hit 50p that's for sure. Anyone who has held these shares on and off over the years or knows the history of this share - knows the score. It will take more than one RNS stating decent performance to turn this company around especially with revenue literally at zero to start with. It has to translate to revenue - when are shareholders going to hear about that?

Strange no one wants to discuss the financial figures issued today!

I'm not sure how you get to £1.50 sorry on 1 million EBITDA? Presuming no tax or depreciation was deducted, this would equal circ 6.5p earnings per share so on a PE of 12 the share price could reach 78p being optimistic. Of course if improvement continued (with no takeover) then £1.50 could happen 2-3 years from now - however obviously the share price is still very cheap gla

Avoid? Avoid! LOL your post has made my day. Read the recent chairmans statement .. "we expect to reward shareholders for their patience soon". Contract RNSs usually every 2-3 months, back in profit, heading in one direction, low free float, only 11 million shares in issue, trading update due, one decent contract reward (Nigeria!!!) and back over 20p. Avoid? Sorry but I AM ADDING

Well no significant selling - only buying so only a matter of time before a decent correction - with or without takeover news gl

Well I have been making small regualr top ups - rather get in and add now before the crowd arrive next month :-))

Had to pay 5.2p this afternoon so a gradual pick up happening gla

Hopefully you will come back to a far higher share price gl

Not sure why the trading update was necessary just 2/3 weeks before the results announcement but it is welcomed and very positive news gla

It's probably a broker MM code for I need more shares!