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Holding since the 11p placing , expecting a huge move up here. News will light the torch paper IMO. Market cap less than £7m, could easily hit £35m or a SP over 50p IMO.
Let’s see if my hunch is correct next few trading sessions.
Dyor
AGL was at 12p two days ago, nothing wrong with taking profits at 29p M would be great if we repeat the same with RUA. 12p today, once news lands there, could easily go to 30p plus in a flash…it went to 50p last month.
Dyor
Is it possible that shareholders are offered a takeover at say 0.50p to 1p per share so that the bidder is seen as a saviour?
The SP drop has been engineered by insiders to take the assets on the cheap. They would not want to go to administration as that would be opening a can of worms IMO.
DYOR
Giovs,
I agree with Dealer,MM's seem to be short on stock as it went NT to buy at 0.145p several times a few minutes ago. If this rise is due to a leak, we should break 0.30p once the RNS lands fingers crossed of the sparking nature.
DYOR,.
Phimx,
Yes, you are correct, just checked. Let's see how this goes.
DYOR
Phimx,
The par value of the shares is 0.010p so they cannot raise below that! The 125m sell looks like a fake trade by MM's to gather shares on the cheap, I would not be surprised to see it being cancelled.
Product news and project level funding news would put a rocket on the share price.
I am holding 20m for a 5 bagger.
DYOR
MM's shaking out weak hands, look at the 50m buy:
03-Jan-24 08:18:07 0.011 50,000,000 Buy* 0.008 0.01 5,250
I can see the SP rising sharply soon....this share is in play.
DYOR
Traders providing liquidity to the share is good, I am holding for 5 bags from here, fingers crossed.
Let’s hope the positive newsflow keeps coming.
Dyor
Could this be the first multibagger of the new year? The tiny market cap could see a minimum of 5 bags if the positive news flow continues.
Dyor
Repayment of debt….well done holders, SP could go on a massive rise. This can move 100% in a flash.
Dyor