Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Would it not have been better to hold the placing above the current share price? A drop into 0.90 is fine from the point of view that long term we're going to see a better outfit but could it not have been less shares at 1.5p, giving further confidence that if it were oversubscribed investors were v. positive about long term prospects Might be a stupid question, inexperience showing there!
After the good news announced in the trading update and the share price hasn't moved - we seem to be in a much better position than when the SP was at 1.6 and even back to yielding a profit which looks to grow going forward and yet the buying still isn't there! Sitting tight but hoping this wakes up soon
This is probably the most confident i've felt holding this share - I've been looking forward to the trading update since the H/Y update suggested revenue would increase toward the latter half of the year and to have that reaffirmed is great. Opened up 17% higher and dropped back to a 5% rise - this was 1.5p pushing 1.6p when there was little positive outlook so i'm surprised it hasn't pushed on higher. It annoys me when you keep seeing the "this will fly tomorrow, next week" on the boards but based on a positive update like this I would be expecting to see the price push towards those levels, not a fleeting push to 1.20p and back down again.
Zinc Media (ZIN) fell 18.52% to 1.1p after it posted a much wider H1 pretax loss of £529,000, from a loss of £136,000. Revenue was lower. It did, however, note profitability at the adjusted EBITDA level from continuing operations Question to posters on here just to spark some debate, with that last line in mind do we foresee growth in SP between now and the full results? As we see the company has shaken off previous loss-making divisions I would have thought more confidence? Is the big drop a result of lots of sells when the price didn't shoot up this am? Still fairly new here and interested on people's opinions! GLA
Long term still positive about ZM and will expect to see positive new arise in March but this has dropped considerably from 1.8 and is still sliding. As a newcomer to investing is this a case of lowering price to increase demand or are we looking at a downward trend moving into 2017?