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If this recovers to the levels of 107p (which it was at on Friday before the RNS) over the next couple of weeks, then this supports the Analysts assessment of this share, and demonstrates that it is a great investment opportunity.
Also……if the review brings up nothing,and 888 get green light for being due diligent and not accepting in a leadership team under investigation, surely this can only be a good thing? Someone else will come along looking at 888…..let’s not forget, these guys and FS gaming seen 888 as a prime takeover target , they seen a massive upside in this business and wanted to be a part of it. If the review passes by without any issues, nothing changes, if anything it just proves that they are not taking anymore risks.
They are on target to hit 2023 ebitda targets, so by 2024/25 for lth his share should be where we want it to be.
The fear in the market is from the review, if this is over quickly you will see a significant bounce back after that announcement
My question would be how did we manage to move from 95p to 107p with these news pending,and this all going on in the background.
Doesn’t make any sense.
We will have to wait long term for this share to get back to where it should be, as today has been a bit of a car crash in terms of a reaction.
The 10p swings on this share are crazy....it's definitely not a share to be watching on a daily / weekly basis, though all of us who are invested heavily still will lol
This share hit 107p the other day. After close at 4.30pm there was a £498k buy,
The next day (yesterday ) it opens up and drops back down to 102, then down today to 96p
Sometimes can be really baffling with regards to the movements.
If anyone with more experience than me can put some rationale behind it ( not Terry), it would be good to understand.
I tried buying on HL and no Quote?
Hardbingerofboom - that's my concern...the implications of the fire, not the actual loss or damage.
Permits, insurance, Health and Safety etc
The question is does it recover from this or not...if yes, how quickly?
The fire was at a TM1 related site unfortunately. As someone who bought in at 2.2 I've experienced a considerable loss today.
West Midlands Fire Service said half of LiBatt Recycling Ltd in Wolverhampton was damaged by smoke.
Fire damage was limited to a pallet of lithium-ion batteries weighing about 130kg.
Would the funding announcement this morning be anything to do with the repair work needed? OR was this funding planned in advance?
I thought today had turned it around to a blue day at 99p, but back down to 95p......genuine long term holders, and people who want to see this share do well could do with a blue day just to stop this decline that's been happening the last 10 days.
A lot of negativity on this board over the last week or so, and plenty of people predicting a further significant drop in SP.
Where were these guys when the share rose from 51p in April to 125p start of June ( 3months) , along with serious investment from high profile investment companies, and personnel?
I'd like to think those investors are in for the long haul, and some are looking to re-shape the company......this share could be one to hold on to for 12-18 months...maybe more...but at some point it will be worth more than 150p.
From a high of 125 now down to 108 and falling......what's driving this, when all of the news was so positive last week?
I'm still doing okay with an average of 74p.....but I was hoping things wee just moving in one direction, and direction was upwards.
This dip has surprised me this week
SP is taking a significant enough hit the last couple of days which suggests a considerable sell offf......125p opening yesterday to 116p today
Here's hoping for a turnaround towards the end of this week.
Some people last week were thinking we'd hit 130-140 this week, but it's been a challenging start.
Maybe initially the SP increased too quickly and we're just seeing as sell off / correction in the pace of the increase
Sorry - wrong terminology....I did mean dipped to 118p.
Wonder what's causing the sudden sell off this morning?
Went from 122p Friday evening to 125p this morning then has just crashed to 118p.
Strange.....is it because of the fear on uncertainty around that article, where people might see a clash coming soon at board level which could potentially be disruptive? or is it just a lot of people taking profit after such a huge rise in the SP over the last few weeks?
Yea, is anyone able to explain this to me in laymans terms?
has the company that the debt is owed to taken some of the shares as payment?
It seemed to have a positive impact on share price before close of play as it says on google it closed on 125p
Mary - maybe got a bit excited on the 130p prediction today.....with the initial start i can understand your thought process ( and I like it lol)
We are probably due a red day after such a great run, but I would take anything north of 123 today as surely we can't keep going up 2-3p per day consistently? ( I hope I'm wrong...and it does seem to bounce back pretty swiftly from any dip it takes during the day on a daily basis which is a great sign)
What would a takeover look like for the share price?
Mary - i'd love a £2 party at Christmas....that was my original statement yesterday in terms of an exit point......but everything I read is suggest some form or a takeover in next few years...so I'm not sure what to do......could it close over 1.10 by the end of the week?
If this hits a pound today with all the press interest and analyst interest we could be in for a steady climb through to next quarter end results
It’s possible …. After a few shaky weeks this is great news today. Something tells me the directors who bought shares could see this coming.
Would be nice to see a buyout at some point but I think if this share reaches £2 I’d sell my holding.