Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
The share price triples in a week; the number of daily trades rises from virtually nothing to the several hundreds; volume ballooned to 16million one day .... and what is the over all reaction from this website? Zilch.
Usually I see with other companies any unexpected modest rises in comparison to that of RGP , then the Stock Exchange demands an explanation from the company. Nothing here. What is the criteria for such a declaration to be mandatory?
And apart from the loyal diehards following the company here, not a whimper generally from elsewhere. Just what has to happen to a share price to attract a growing following? It baffles me.
Thanks for your sensible advice.
I bought £3000 worth on a recommendation! Subsequently over the years I've largely written it off. What I do will depend on what emerges, say tomorrow.
I'll keep you informed as to what I do.
With such a huge rise in the share price in one day .. and for a company normally experiencing minimal daily trades ... it was interesting that the Stock Exchange didn't successfully exert the company to make a statement yesterday.
If the rise had no substance, then surely the company under any pressure would freely broadcast that there was no reason for the rise.
Then why the hold back? Did RGP suggest to the authorities that something was in the wings, and if giving them time, RGP would release the info on, say, Monday?
We'll know on Monday maybe.
Shares like RGP can be vicious little so- and - so's, but maybe acting in your favour.
Going back I bought thinly traded PYC in 2009 at around 2p. The shares dropped in value and languished for ages.
Modest but consistent contracts developed in 2017. My share price in 2017 moved up to 2p then slid back to around 1p,. But things erupted in November with a contract gained with Merck.
On November 28th 2017 the share price surged. I was so pleased to get my money back at over 2p a share.
NEXT DAY THE SHARES TOUCHED 32p INTRA DAY!!!
To use an expression "I felt truly gutted."
A long way back, invested in RGP at 4.5p in 2004, are things looking up here for me this time round? My urge will be to break even at 4.5p or will I be doing wrong in the light of the PYC experience?
Suggestions welcome
Contrary to my title I don't know everything .. a view replicated by my wife!
Has anybody got any views concerning the occurrence above? Anything corporately that we might expect in the coming days?
Today very few recorded deals conducted at wide and weird prices, and prices all over the place. A secondary price monitoring extensions too. All this background noise requires some explanation soon from the authorities.
Is this their time for manoeuvres?
This organisation hasn't increased its significant stake just for a paltry twopenny gain. Unless EDL is unknowingly crooked, the downside for the company seems limited. Therefore our professional gamblers see plenty of fun and games for their clientele on the upside.
So positive EDL statement's forthwith hopefully should herald huge mark ups, and mouthwatering gains for all concerned.
To feel more confident just look at the steadying up of the share price over the last 18 months. Sooner rather than later it wants to bound ahead..... unfortunately the timing is probably at the discretion of Spreadex
... on its way ...
The share price chart is a dream. The price has been languishing for years, essentially flattening out for 15 months or so. Every holder wants to be out at a much higher price (naturally). Of late the company has found it hard raising capital every time it comes to the market. With a possible succession of orchestrated positive RNS's in the pipeline EDL could raise exceptional amounts of money for their needs.
Name me any holder, punter, gambler not wanting to make this share price explode.
It's a campaign by the company and their associated to raise the share price dramatically. Forget the daily hiccups. The high volume tells it all.
EDL is going places.
Goodness me - I thought this bulletin board was about dead! But in the wings we have keen investors and watchers on the prowl, unbeknown to me. Thanks for you lot springing into action.
For myself CHAL seems to be one of the most dormant shares around ... poised for action. I look out for these, just like PYC at the close of 2017. At the time on the 29th November I tripled my money. The day after, the share price went up tenfold!!! I felt really bad.
Good luck everyone
I'd be happy with just a doubling here.
He (she) seems keen...... and Jarvis Investment Management (whoever they are) took a 6% stake a month ago.
Why would they both do that?
2019 turnover 90% ahead of last year
Today's Guardian ... 8 page supplement
Lining their pockets before the next substantial move up?