Only seven investors have paid 9p, at a quick look, to get in and they were not exactly large investments. So until we see a lot people willing to pay 9p+ for large quantities we need to hold our breath, unfortunately.
Do not get to carried away, there may well be a few large sellers around 9p. If we can hold on to 8.5 - 9p tonight it would be good. Go high to quickly and you will get a lot getting out. We need to have buyers gently pushing the price up, 0.5p a day would be nice, but we have our doubts if that can be sustained. 1p per week is what we would like to see, so holders can see the benefit of staying in for the long term. Overall things are looking better. If we do go higher and there is a pull back, 9p may be as low it would go. What actually happens though, we have to wait and see.
Identical price for both, unusual, especially for FFWD. Looks like MMs may need stock so we could see a decent price increase with these buys coming in. Investors may be thinking, lets get in before it really goes forward. Perhaps patience may be rewarded. We do need a good turnover to get things going.
Until the MMs are convinced they will not get a deluge of sales if they up the bid price, it will stay like that. If we continue to get purchases at 8.5p plus and plus is important then we will see a rise in the bid price. They had gathered a lot of stock at 8.18 and once that is exhausted they will have to increase the bid. Hopefully the big sellers have gone, but of course we will get those who just want to get out at break even so as the bid rises we will get sellers, Buyers will need to continue to invest to hold the SP
Now that is good info from Mr Wadnob When leap is disposed off we think Ed will invest most of the readies in cannabis companies. Would have liked a small dividend ourselves, or extra shares given to us instead of a cash div or a choice of both to satisfy all. Would imagine most of you would prefer cannabis investments, "at the right price" or cash div. We are not against further cannabis investment, so long as it is in the right companies and you lot will know who they are. A quick glance at your posts seems to indicate you are generally happy but like ourselves, RNS news would be good, so long as it is good. Just been struggling to cut over 1/2 acre plus of grass following that freezing wind and rain of the last couple of days up here.
Thank you Pirate, I appreciate that. Unfortunately my time is taken up with the wife who is descending in to a very poor state and I have to give her 24 hour care, although mentally she is OK her body is failing rapidly. I also am disabled but lucky enough to get around , so spending time looking for investments is extremely limited. 23p is not bad, so if we knock 10% off, as most I.Ts are around 10% below NAV 19-20 p would suit us nicely. Around 240 % increase on top of the present 8.3p A lot of investors would exit as it moved up towards that range, making it a slow march. Still it is only what Ed hopes it will get to so we will have to see. We desperately need new investors with deep pockets to help.
As you say, this time 8p appears to be the base, where as the previous bases were 6p and 7p. Hopefully we will hold the 8p base until we get good news, which seems to be the only time the SP goes up before many long term holders then "get out" As for the big seller, is it one big seller? we do not really know but it probably is, while the large sales are sustained by many smaller sellers. Breaking even is what a lot appears to be the aim of the majority of holders, rather than making a good profit. This may go on up to the 10p mark. Of course a lot bought in from 5.9p to 7.5p and they may be just taking their profit at present. With such a small turnover of shares all sales are noticed by the other holders. Until a large majority of FFWD shareholders are here to make a long term profit we will not see a rise in the SP to near its NAV. As we have said many times, along with a number of you, patience is the only thing we can have. It is now notable that the MMs are tending to ease the buy price up at the moment from 8.13p (which we paid for our ISAs) a couple of weeks ago to the present 8.35p. So it is fingers crossed.
We have got to the stage 12.5p would be great. A nice decent profit after 6 years After all the talk of 50p a few months ago some of you would be happy for the SP to get to around NAV , which we think is around 12p-15p. We even wonder if LEAP will give us a leap in the share price when it does finally go, (if it ever does that is!!). what worries us is that if Leap is so good why are the money guys not buying in to FFWD. It appears that its figures will not allow a float and for it to be bought up by some nice rich company is what we must hope for. If it is disposed of we hope the money is not gobbled up with the costs of FFWD or put in to iffy new ventures. We need to see value in FFWD. We can understand why so many are selling up. Mind you the MMs are not willing to go below 8p as they think buyers would flood in at 7-8p. It is all mixed signals as we see it. As for a good dividend, think we can forget that. Long term supporters of FFWD have not been rewarded. So many are getting to the stage they just want out. We are going to add a few more to our holding just to round the numbers up but as things stand we are NOT going to add in the 100,000s as we do not have the confidence anymore Will try and look in at the weekend. Chin up in the mean time, one day perhaps!!!!!!!!!!!!!
Why are they allowed to delay the publication of some trades to later in the day or first thing next morning. If a trade is made it should be announced immediately. They do this for their own benefit. All trades should be identified as either a buy or sell, instead of leaving us to try and guess. A number on here have pointed out that their trade was incorrectly identified, as has happened to us more than once today. This day and age it would be easy to indicate whether it is a buy or sell when the trade is published.
We are still in a tizzy wondering whether to add to our holding, as we do have far too many already. Got caught up by those so called experts on here who were constantly forecasting the future of the SP as 50p, quoting so called good research, were in reality 13-15p may be nearer the mark. We have just been adding slowly for 5-6.years and they have certainly mounted up. At least the drop to under 6p a few months ago gave us the opportunity to average out at a low price. Feel sorry for those who followed their ramping and have a 10p plus average. Perhaps one day we will say enough is enougth and get out, but of course once it starts going in to double figures we think it may go higher and hang on instead of taking a good profit. All this talk of it being the best thing since sliced bread just shows how much wasted time some of them have (supposedly) wasted doing research, then posting it on here in the hope the big money boys will enter with all guns firing and the price going up to 50p. All it has ever done is drop from as high as 30p we believe, although 17p is the highest we have seen. At 8p it is certainly worth a punt , that's why we have added once again. We do not read the comments on here very often but nice to see a few new names appear, assuming they are different people, as one never knows theses days. Ah well that's us finished boring those of you who have nothing better to do than read this, but do take care. we will try and look in in a weeks time unless something interesting happens in the meantime.
At 8p A STRONG BUY. That should put the mockers on it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!