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Could just be the calm ahead of the new tax-year storm. I doubt it'll be 2p or below come close of play on Monday. Of course, the MMs will also be playing their little games. I often wonder if the laxity of AIM falls over into other markets as there doesn't seem to be much to stop any shenanigans from happening lately.
Touch of the James Bond G&T here, but still happy to load up when I can keep below the 2p average. GLA
Another sell scenario could be the passing of a shareholder and their beneficiaries only seeing access to filthy lucre. They're not interested in _why_ the shares were bought, or even the potential. Bird in the hand and all that.
Isn't it amazing that so many people see, and treat, CIZ as an AIM stock?
Me? I keep cursing that it isn't on the list, so that it can be exempt from IHT!
Yesterday, I achieved my personal goal for this share, so I might now go trawling through what might be interesting on AIM...
All this CDT stuff is just a side-show that we don't have much control over. I doubt that we as shareholders will be given much say in the proceedings, though plenty will have an opinion, either way.
With the CIZ SP still at a giveaway price, I'm making the most of this distraction.
I'm more concerned about the lack of news from China - has the BoD been ripped-off?
I don't have any particular target, other than to see no further devaluation in CIZ shares. That gets more important the closer to market the company gets. I wonder when or if there'll be a bit of FOMO activity ahead of the merger..?
The "unknown" trade is my latest little top-up. Overall, that trade brings my APS to 2.0052p which I think is a bargain. When the price climbed to double that on not much more than sentiment, I'd resigned myself to holding fewer than half-a-million as 2p had been my self-imposed purchase limit. Now I have managed to double my holding and still not gone much above that limit, but now I have a lovely trading buffer to do some slicing with.
I guess that we're all assuming that the next climb will only be on more concrete news. On that basis, I doubt there'll be a drop back to these levels once more. Pie in the sky thinking?
I reckon he should sue his financial advisor for negligence! He, or she, clearly didn't put him through a proper "aversion to risk" test and now we have to suffer the consequences :(
Just did a cheeky top-up, like I said I would. Now about 185k over my initial target, so it gives me a nice top-slice cushion when the time comes.
It's only when you filter you begin to realise just what your not missing. I wonder who is paying him to present himself as being that dumb, and will enough filters get him kicked off altogether? There aren't enough problems in the World, yeah right. Maybe we were being duped by an incomplete AI bot..?
No, that's hearsay. Just like the cause of the price doubling in the month or so before this drop.
No-one is that pleased at the drop, although as it gets cheaper there's a bigger pile to gather. I'm going to make hay while the funds allow, as I believe in the aims and direction of this company. Someone who gets angry at others when clearly it's his own fault really needs to be shown the way out...
I'll ask again, where is your evidence?
Who says we're being taken for a ride by the BoD? Where is your evidence?
The facts don't bear that out one bit! So, there's a delay here and there. However, when you look closely, the delays are because of outside influences not within the control of the BoD, or any of its individual members. Some things just move at a snail's pace; c'est la vie!
Getting angry at everyone over nothing doesn't cast this board in a good light. It just shouts unmitigated desperation! Prices go up, prices come down. First rule of investing: don't part with money you cannot afford to lose.
No-one else is to blame for which crocks of gold you wish to chase...
@neil - me too!
There is nothing tangible to suggest that all is not heading in the right direction. Well, unless you're daft enough to class the SP as tangible, of course. At anything below 2p this share is a steal, so my raiding the piggy-bank to round-up my holding is being actively pursued. ;)