Member Info for LWHL

Squirrel26, it is always a risk when you buy into a share that has quickly multi-bagged, insofar as a potential sharp pull back can, and often does, happen.

If you bought because you were/are interested in the prospects of the company, presumably having read the RNS's to date etc, then nothing has changed since that purchase, right?

If you jumped on board looking for a quick 20% or whatever number you had in mind, then that is always a strategy that sooner or later will cost you money.

Not saying it will here, to be clear, but as a general rule, best avoided, IMO.

In that scenario, you are also more likely to jump out at break even, or otherwise missing out on bigger gains too, if/when the SP reverses back up again.

But always only trust your own research and buy and sell as and when you see fit.

Because it is your money at the end of the day and your wins are your wins....and your losses are your losses.

I am sitting tight myself and going to let the journey progress as it will. Subject to the obvious caveats and not advice to follow suit. GLA.

I think if you can close the gap above fairly soon, then it might suggest that the bottom is finally in here.

I think worse is yet to come personally, but I had a quick 9% trade, as it was due a technical bounce from sub 25p. Which played out.

If it does recapture the 30's again soon, well done to those who added at those lows and held on.

Low 20's will tempt me again probably, but might never happen of course. GLA.

Well I am not a shorter, and I took that update to validate my decision to exit at a loss here, whenever it was.

Open-minded about a potential trade, but would want a lower price than the current opportunity.

Might not happen of course, which will be fine too. GLA.

This is moving so much faster than I expected it would. And I was pretty confident a while back.

While there are no guarantees in life, and certainly not in the stock market, IMO this one is de-risking at a serious pace.

But to each their own decisions and not advice etc. GLA.

Is it just me, or does the chart here look uncannily similar to the TET chart, on a one year basis?

If they do sell to PE or elsewhere, it better not be for less than £20 a share!

Snap, mayfair21. Albeit I was open to a take out....just more in the region of £4, not this IMO unjustifiably low 'premium'. Borderline joke, in my view.

It is rare that I get annoyed when I lock in a profit. This is one such occasion though.

And I feel sorry for those who are going to have to eat a big loss here. I would imagine that many would have preferred to ride this period out, rather than face this scenario.

Anyway, hope it works out well for you all.

Even if, in the presumably unlikely event this deal falls down, I would not consider getting back in, with this management team still at the helm. Really, really underwhelming performance, IMO.

The big boys tend to like proof of concept, before buying out a smaller entity.

Based on how I have seen things play out in the energy sector, the mining sector and less often, the bio pharma space.

IMO, that would mean we need to see quite a lot of successful projects completed, to the satisfaction of the client(s), before we potentially reached that stage.

Then one of the well-known names might well step in, and either make an all cash offer, or maybe offer shares in their own company to shareholders here. A third potential scenario is one of the big boys buys a stake here. Big enough to have some influence over the direction of the business and to ward off potential competitors elsewhere from making a bid.

None of which IMO is likely to happen within 12 months, if at all, of course.

Hope this helps though, shirleyfraser. GLA.

Bonker: I was thinking more of the big US names. Probably XOM, but maybe CVX as well. The smaller O&G outfits seem a bigger risk for this potential contrary play. But I will take a look at them. Thanks mate.

Your final sentence nails it - the risk/reward ratio for UK business people is more undesirable right now, than at any point in my living memory.

It will be impossible to generate growth with the current philosophy. Let alone reduce debt etc.

Step one: bring back treason laws. Everything will naturally improve from that point onwards :) GLA.

IMO the chart suggests 3800-ish. Top of a channel, to my eye.

Silver looks even better IMO.

I am starting to ponder getting back into an oil trade, but am less confident of that, at the time of print.

But it seems to be heavily shorted, pretty hated generally and beaten up....decisions, decisions! GLA.

We are on track for our second highest ever volume day. Not sure we will top the current highest volume day today, but IMO the chart continues to look great, so I think we still have more road to run. But needless to say, just an opinion etc.

Anyway, I took another slice. Hopefully the remainder will get me to that 10 bagger I want. But will take a view if it gets there, in case I decide to let it run for longer than even that. A while off that price yet, but who knows?

So much potential here. Fingers crossed! GLA.

Or it will see far fewer buyers and sellers (and thus a lower than expected tax grab outcome), as people look to avoid the soaking and punishment beating, for being successful in the first place. And less of all the other trickle down revenue that this will result in more widely.

Anecdotally, I have been trading far less outside of the various tax efficient wrappers since this lot got in. I bet I am not alone in that.

Bit like what will probably happen with other asset classes like housing, if they proceed as some think they will, with further relevant hikes in the Autumn Budget. Hey ho. GLA.

I sliced a few. Simply because of the anti-business, anti-anything decent, government currently in seat.

I look at so many of the current MP's we have, and I wonder which war did we lose to get these people 'representing' us?

Some of them make Petain appear God-like. Hey ho.

Anyway, I will buy them back, if we revisit the bottom of the range, but if I am wrong and no pull back follows, still have enough to run to my eventual potential full exit target. GLA.

Some of us did buy in the 0.30's Sharebel.

Yeah, FWIW (which is nothing), until this morning, I was still on the fence about whether to trade out of this one, or give it more time.

My opinion had pretty much been formed about the BOD before today (now cemented), but for all the selling points that you listed, that was why I remained on the fence about how to proceed.

And an inclination to remain, at least some in the pot, if not a full position.

Anyway, it will be interesting to follow the careers of the BOD here in the next few years. Probably going on my barge pole list now, but others may feel differently. GLA.

Bit of a side note, but I think I would be looking to change my broker if I was unable to buy any UK listed stocks, however new or small.

I hope it gets resolved for those of you who are stuck in this position right now.

Am curious to know their reasoning, if anyone is a customer of theirs, and has been given an answer for these issues?

Well, on the plus side, the fact the SP has gone beyond the offer price, suggests the market is somewhat confident that another bid might come in from elsewhere.

However, having reflected on this update, I have decided to take what amounts to a very small net profit on the total holding.

Whatever way I look at this, the outcome that I see is abject management failure.

A shame, especially for longer term shareholders who are going to see material losses if this goes ahead at this price range.

Anyway, GLA and ATB.

Another notable hire. Against my better judgement, I have removed my sell order for my next planned slice.

I am going to take another view if we hit a different price. Not advice to follow suit etc. GLA.

Except perhaps the price. Wow. Much lower than I anticipated.

Hopefully this will attract other bidders to the table and get the price up.

Anyway, it will be interesting to see the early price action here.

Presumably some underwater holders might try and get some more shares below 260p if they can. And maybe some traders looking for a quick day trade?

Not long to find out... GLA.

Thank you, Colenal.

msuk.int: Sure. Individual responsibility always. But IMO TA does work very well on proper outfits sufficiently often, to make it a worthwhile tool in the box.

The long term chart here...do you not see what I saw, and thus why I took said small punt?

Not that it matters, and ultimately the success or failure of this name rests with the BOD, not technical analysis or PI shareholders :) GLA.