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What...on earth...was that!
An RNS requiring of perhaps 5 lines, written after several shandies, resulting in an absolute ramble!
I don't think I've ever seen anything like it!
Unless you are a short term trader, the daily price movements matter very little - although fun to watch on a good day.
Days like today - which may not be so fun to watch, remember why you INVESTED (again not applicable to traders ;-) )
The companies short/medium and long term strategy is taking shape successfully, nothing has changed since 3p+ and those days will be back with us.... and then long behind us.
HODL -- IMO
GLA -- in fact at this rate I think we're back into top up range!!
Novicehunter
Today 12:01
Posts: 4,518
Price: 2.75
Strong Buy
Very happy about getting over the 2.5p barrier, no reason to think momentum will not continue with injection of other news to come re the company expansion into what will be one of the biggest game changing developments in the history of finance and how we manage it.
No ramping just sharing an opinion
Exactly this.
TBH I don't see any news coming until the FCA does their bit, but after this we should see the next steps in the business plan coming to fruition.
Meantime I'd like to think we will stay above 2.4, but due to low volume we may drift further.
No concern for any LTH's whatsoever. News will come when it's ready, and in the meantime - hey! we just bought a company too! Didn't see that coming did we.
Big future here. GLA.
I believe the following may apply in this instance. So FCA have 60 working days to assess and make a decision...
Section 178
Notifications for changes in control are known as Section 178 notices. You should send us a notification as soon as you have made a decision to acquire a control in an authorised firm. Making a decision to acquire could, for example, include circumstances where a proposed controller decides not to take any action to prevent or reduce its increase in control to below the relevant threshold.
We have up to 60 working days (excluding any interruption period) to assess a change in control case. This period begins on the day we acknowledge receipt of a complete Section 178 notice.
They regularly are - you know that Shalf.
Good to warn others though.
As I have pointed out recently - ignore LSE in this respect. If you want to know more reliably what is a buy or a sell, you need to get a decent (likely paid for) platform.
GLA
Good summary elcap
EUA keeping all options open and progressed until formal offer is on the table and accepted.
This is exactly what any company would be doing in this position, as well as continuing with their daily business.
GLA
I try not to watch the SP too closely on anything, but this is looking quite strong again today. Pleasantly surprised as consolidation until next news I would be happy with.
3.2 being tested again which is next resistance. Been there on the 20th and 22nd. Maybe with good volume again we'll break it today.
GLA
Looking good. Volume and prices paid would indicate news incoming.
On a side note, please please ignore LSE buy and sell indicators. They are totally unreliable. Do not base any decisions upon these. Volumes and prices are usually accurate - just not whether thy are buys or sells.
and on another side note...stop with the 4p 5p coming etc... I'm all for excited...just not the overexcited without data to back it up...... but that's more me just showing my age and being a Victor Meldrew :-)
GLA.
The current board - that resigned - "will complete their duties on the 31st of December 2021"
With that in mind, I think you may be right regarding not hearing anything this side of Christmas unfortunately.
I think we may slip back to 0.8 support line in the meantime. Not that it makes any odds as nobody is trading this whatsoever at the moment.
GLA
If you're going by charts, then we need to break 3.2 today. However, based on news flow - or lack of in the meantime - I'm not sure we will get that boost.
We may get some FOMO late on to do the job - or of course an update on the acquisition, which they have promised us - but apart from that I'm happy to consolidate for another day.
GLA
I agree with some of that potentially, but ultimately I think LT everyone will be absolutely fine. Facts still speak for themselves on what we have. Manipulation of SP? Absolutely. I hoped there may be support at 22.5 but there is little to suggest this now so it's anyone's guess where this may drift to.
Annoying? Yes. Worried? No.
GLA
Jeez, take a step back and look at yourselves.
Are none of you grown up enough to just walk away from threads like this one...ironically titled EUA NEWS.
You are just bringing yourselves down to the lowest level of ..almost bullying..much like social media!
This board is absolutely rammed full of people getting riled by people who love winding up.
Let it go ladies and gents... let it go.
See you in the morning 06.59 :-)