Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
But it will never work that way, if it did then here is a scenario:
a quick search says 20m in free float, £180 would buy that (or another way, £900 for 100k, 200 of those) hold and watch it fly, but that will never be a reality, you did make me chuckle though - gl
Well I am expecting more RNS's this month and that 's not just a hopeful remark from someone invested and therefore positive, if you read between the lines of today's RNS - 'The Company is pleased to report that the first phase of this review' - so more phases - 'Moving forward, one focus area for the Company will be...' so other focus areas, and then obviously the comment of 'the Company is evaluating a shortlist of five entities for potential future commercial collaboration in this space' - and AGM end of month, just my opinon obvioulsy - gla
Well we did have a whole tranch of positive RNS's in May, so how many we get between now and the AGM is anyones guess, the share issue is not even going ahead until discussed/authority given after the AGM at the end of this month and if/when that happens, as they said it is for 'working capital purposes and for the development of its modified business development strategy' so positive not negative - the knee jerk reaction to that news is done/factored into today's price (imo) and investors are left, for hopefully, good reason - gla
We have already discussed this scenario - my little post from 30th May:
If the company was on its knees and had nothing going for it then I would expect the negativity but it is not, I would take it, IF it happened in the future as a positive for the company going forward and for investors, in this case
And that is your opinon, fact is that no one knows when the next RNS will arrive, fact is that we had 6 positive RNS's in May alone, I hold for more news in a good share with very little free float and will be buying on the dips, if the MM's make it easy! - our money is hard earned so best of luck whatever your decision
Stating the obvious but what we are all aware of now is when it dips to near 1p clearly many want to buy but the MM's make it difficult to do so, I know it's not the first time I have mentioned it (yawn) BUT 'free float', what an earth is it now and is that the reason?
That's the point - no one knows what it will do but we do know what it has done and what it CAN do, too much concentration on what the price was yesterday rather than invest, I see a couple of 1/2 million buys just gone through, yes I know it does not work that way but another 58 of those and holding and the float is gone
Noted what is being discussed but this type of share is realtively rare, a good company with what looks like regular positive news coupled with small amount of shares in issue and what must be a miniscule free float (yahoo finance quote 22m) at this price?, as always just my opinon, good luck all