The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
There are still big buy orders in, just as there have been for a few months. They tend to be 250,000 plus so it takes a while for them to be filled as there very limited sells. The free float is tightening but just not shown in sp yet as the mms are trying to collect as cheap as possible to fill them. This is the perfect time to accumulate but we are under the radar so people dont realise the massive imminent potential newsflow. Buy and hold will very much pay on this one. We move into profit very early 2017. Also with the current m&a activity we must be on bigger players watchlist as we are on a tiny revenue based valuation.
Price being dragged down like a few weeks ago as they look for shares. The orders are there but no free shares anywhere. Watch in the next couple of days as it charges back up. When further contract news comes there will be nothing to buy. Frustrating watching the yo yo effect but when it comes it will rise rapidly.
They have found a few sellers around the 6.1- 6.5 range. Thats good and healthy as there are still some large orders to fill. This has been going on for two to three months, and has seen the share price rise nice and calmly. More of the smae will be nice.
Thanks for posting that. Everything seems very well placed indeed. Nice to be in a sensible yet potentially explosive stock. On a very conservative 8 times revenue we should have a market cap of approx 60 milion pounds. Thats approx 22p a share, and thats without any new contracts or the new proximity marketing angle which could and should be huge.
Hi Babbler, Solid company, with approx 40% held by management. Will be in profit by early 2017. I went to the analyst meeting a few montns ago; no hype but just straight forward explanations. I like that. Mobile banking platform used by big names, and now added proximity marketing facility which is beginning to take off. No debt, and plenty of cash in the bank. Looks primed to me, just under the radar. Dont take my word though as these are just my observations. Well worth a further dig though.