Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
£60K - 1 Mil Buy
£10K Buy
1.1M in bank 30 Sep. Sale of Wamum, £400+K. So in cash alone they will probably have close to £1.5M and no debt? MKT Cap £1.2M. Please correct me if I am wrong as I am new to this company.
Multiple projects, and looking for more. Cash in the bank. Tiny Market Cap. Wamum project sale.
For the informative post. MM's seem very low on shares post consolidation. Are there any in private hands?
Multiple projects on the go I guess a market update is inevitable
This ticks up very quickly. Nice rise today already
RNS. Contract 1/3rd of market cap. More in pipeline
Not been reported. Note the 228K buy earlier @ 1.09 on ISDX. Also a small buy £100+ has just budged the ask up from .9 to 1p. Crazy.
I have been in and out of this a few times since the last RNS and Im no expert in it by any means. However, I think this will move even quicker now. And Im considering topping up as and when funds become available. Just before Xmas there was a massive 10MIL buy, 50% over the ask. Sp was in the low 1's, and this buyer purhased at 1.75. They haven't sold yet. So I think this really could have made an illiquid share even more illiquid. Makes the spread nasty, buy gives it potential for huge rises and quickly. Anything sub 2p is worh a punt I think. Another positive is they don't go down the issuing of shares to raise funds route, rather seek finance from elsewhere. So dilution should not be an issue. Best & GL
Someone got a spare 10K? Buy in £500 tranches 20 times and watch this move
The company has hardly any shares in freefloat. Hence it moves so quick
Some movement. Anyone joining this share. It was basically brought down from 4p by the MM's for no reason at all. i.e no sells
Is needed to give this share a boost. Surely the BOD is not happy with the dramtic drop in SP, through no real reason. This was trading as 10 fold earlier this year. I think comfort can be taken from them not issuing shares left right and centre. Magic an RNS for this to fly please.
It seems to have took a hammering simply by the MM's bringing it down from the 4p level. It's not like people have been offloading. Hopefully with some buys it will get back to that level. Small buys tick this up. So just a little volume needed I think
That explains it. Someone is confident
to 1.3 now on no buys. Interesting
I bet only 10K's worth of buys would send this over 2p.
Thanks for the PIP tip. Im already in Peg with a small holding.
Picking up now.