RE: Baaj - Beware Adam!26 Mar 2023 17:50
I would expect a spike on Monday as this 262MC when they have 500k [minus fees for the MVL & AIM fees]
The sale is expected to go through tomorrow.
It would be nice to get an RNS stating how much net they plan to pay out to shareholders.
If this is north of £350K for example then at 0.50p buy in this looks like a decent risk/reward scenario.
We know it won't delist or be suspended and with AIM being an absolute casino, even more than usual at the moment. It only takes some buying pressure and at 0.75p you can 50%.
I'll look tomorrow and if it's still 0.49p or very low 0.50s I will be back in and waiting for tomorrow's RNS
GLA, especially Reardon who deserves this to spike more than most