So effectively we're initial investors before it goes public in 5 years time again :) god what a disaster of a company
The company still has lots of value. Remember they don't put out any news apart from results. This stock will jump again I'm certain.
The 2.3 million share deal on 19th Sept. 48 grands worth.
Any ideas whether that was a buy or sell?
Also Michael Hughes added 15 grands worth around that time.
Sign of good things?
Someone is hoovering up shares, putting in small sells at low prices, dropping the price and then buying?
If the bank have extended the loan. Then surely no capital raise is needed, which means future profits are forecast to be healthy?
Someone explain the tiny trades, like under 10 quid. Seems like price manipulation.
At least they're operating and showing some profit. I believe that once good news of contract conversions comes in, this will skyrocket.
There's also weird share deals happening daily, like who's selling a few quids worth then buying amounts for a few k? Manipulators?
I think they know what they're doing and not stupid. The recent share scheme for staff means that they will all profit from any kind of rise. And the share does rise on the smallest of news. It isn't dead quite yet.
Given they don't need to do anymore raising of cash through further dilution I think it's good news. The two people that have invested recently won't want to see their shares diluted further. One bought in at 25p so will want to see a few multiples in a few years.
I think it's a combination of no news and getting the house in order. Why would they hire comms people until they have got the company back to full health? Then start shouting about it.
As I've said it's had some big cash injections recently and those people are going to want to see the share price go up so they can make some money. Loop isn't dead yet.
I've been looking through the daily trades, why would anyone be buying or selling a few pounds worth? Then on the same day I've seen trades for like £5-10K. Is there something afoot? Is this to influence the price?
Thanks it's at 7.55 in on the video.
Really think Loop could be past the worst, fingers crossed.
Sorry for being a noob but which video did Zak say this in?
I agree with Pokerchips, the bad news is behind them now and the house is getting in order. The stock has bounced significantly before on news. Don't forget that other investor who put in around £5 million in exchange for the training company he owned. That was at 25 pence a share, he's going to want a return way past that price.
Always insightful posts :) So just to clarify, the deal with PGI is better than you thought for loopup?
I still think loopup has value and the share price will bounce up significantly once a little news comes out.
This company has been going for over a decade, yes there is the change of direction, but also I think it's the lack of comms.
Once they become stable (which is happening), winning more contracts and most importantly putting out news, I think the share price will fly.
But surely with shares issued to staff, could this now end the drought of news coming from loopup? They can finally start giving some good news?
Is this significant? I've seen quite a few big buys recently and lots of little sells. Get the feeling there's some insider buying going on.
Always insight posts :) Do you think a management buy out could be sooner or later. Most of us are waiting for some kind of recovery just to break even again?
Results show some promise. Contract wins accelerating, more could be in the pipeline.
No mention of the strong dollar boosting profits. Roughly an average of 1.3 over 2021 vs 1.1 now, around 18% ish increase alone.
Surely that will effect the next profit announcement?