Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
https://www.investorschronicle.co.uk/companies/2021/09/15/darktrace-fills-the-cyber-security-void/
part 2
so the ideal solution is they continue to develop other products and gain good market share, avoid the offers along the way and become a giant of their own able to buy other companies etc. Then they would truely be a UK star...
The problem with Darktrace in the UK is the same as all UK tech companies = the exit plan for the original shareholders.
There are no big tech companies in the UK that would acquire them so it will end up getting sold to a foreign company and delisted eventually. You might think that good for shareholders but actually the price paid out will be dwarfed by the loss of good dividends over the years and nationally the value of high tech employment in the UK and all it brings.
of course it was manipulated, just a couple of million shares over the last two days pushed SP down 90p right before the results. Thus leaving room for the SP to have a nice rise on the results - but in reality this rise is still inside the exisiting trading range.
The higher price rallies are unlikely to hold up all the time there is such low volume and free float.
Sell the rallies, buy the dips...
Henry,
no prediction, but I would note:
a) price has rallied to 67x without volume so it is less likely to hold
b) 67x was/is a potential resistence point
c) there is still a good argument for a retest of the 55x low
d) if I had any shares atm I would be selling now before the close
I am not always right :) :)
Charles cont... (clumsy fingers)
things to think about..
a) SP reflects sentiment not value
b) Limited shares available until after lockups end 6/12 months from IPO - will cause more volatile movements
c) Good results are irrelevant - you need results that beat expectations - expectation is currently for good results - this is why many SPs defy logic and retreat after posting good results.
d) I am nearly always right :) :) :)
Charles, you seem to pick a new number everyday for the future share price, no disrespect meant.
We are coming at this from differnet angles...
You believe that the company is undervalued and therefore the SP will rise accordingly, and in the LONG run if that is true sp will rise. But, I believe that the SP was over extended after IPO and so it has a long way to go before anything other than price spikes occur.
Things to think about:
a)
I am waiting for price to dip before re-entry
Charles,
I'll wait and see what price does and enter accordingly no set price atm.
As a perspective - I first bought in late in June 6.18 then 6.68 and have since bought and sold 4 times. If I had bought and held I would right now be up 0.6% but would have suffered a 16% drawdown
As it stands I have banked a 30% profit in two months, which is why I trade volatile shares more actively.
KAPE - SP looks well over extended to me would not be interested at current levels - what makes you think it will plough on to +500
Lending
LSE guesses if a trade is buy or sell based upon the trade price and the bid/ask at the time. I got a good price nearer the ask than the bid for my sale so it thinks it is a buy. This is why the list of trades is very misleading.
I already replied once but the post did not appear - hopefully this is not now a duplicate
Lending,
LSE guesses if a trade is a buy or a sell based upon the bid/ask at the time, that was my sell of 3000 shares at 8:08:34 today obviously I got a good price nearer the ask than the bid so they have labeled it a buy.
This is why taking the list of trades at face value is fairly meaningless.