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I must of clicked on a post it key in error, that is old age for you. Overall I cannot decide if the other holdings in Seed are capable of big increases or not, or will someone look at Seed and make an offer for it as it could turn their investment up by 100/% If you can buy at under 2.5P, something unheard of last year, it may give you a profit as it looks like the breaking of the 2p point is unlikely, although the same was said about the 5p point. I look at the trades each day but the posts about once a week if I find the time or inclination as they are generally meaningless, no offence meant, perhaps I should have said meaningless to me.
I now look at the monthly income from my premium bonds I have invested with family members, a decent income and the chance of a big win, although £10k is our best which was many years ago, so perhaps I am due for another very big win. If I did win a £100k plus then I would put £10k in to seed out of interest.
Take care all.
If you were in a position of receiving regular monthly salary for very little effort would you close down the source of that income just because the owners of that source were whingeing about their investment?
With no large shareholders to push the board in to doing something there is very little chance of them doing it themselves.
The cannabis side is good and could prove more resilient than leap in the end. The exageration of Leaps worth lost a lot of people a lot of pennies
Again some of the sales are more or less certain to be buys, you can tell by the price that previous trades were, but then a lot of you know that already.
Filled my family up with premium bonds as we get a regular income from them, especially now the interest rate has gone up. Where as our winners were usually £25 prizes, now £25 winnings are in the minority. Do not care if I miss out on leap as the PB winnings have exceeded Leap potential profits, if there are any profits from it. Still wonder if it will go cheap to "friends" and they split the profits when a proper sale is accomplished, while gathering in his over priced income from Seed. Should I get a very big win on the PB then I may invest up to 50k in Seed.
Probably waiting for under 1 p before they buy in then release good news. Months ago or years, someone did say the SP could go down to 2p if my old memory is correct, or am I wrong. Whether I am or not it will not matter if it continues like this. Keep this .05 drop each day and we will be under 2p by Christmas
Did think of buying with the price going up slightly, but thought better of it as after a small spike there is often another bigish drop, which has occured. Will it go to under 2p? well it would not surprise me, so not buying more at the mo. Seen this drop so many times from a "silly" bottom. There have been some hefty sells by those who bought in around 3p (when it could go no lower) is probable.
While the NAV may be about 8p that could reduce, especially if Leap really does dismay us when sold and the NAV goes to 6p, ( it could not drop below 11p) I think was stated months ago. So I am cautious as are a lot of others.
Will be be able to buy for UNDER 2p ridiculous I know but so it was under 5p.
You could be right!!!!!! However I feel I have to make a firm decision on this and I have come to the conclusion after a lot of research, the SP of SEED will either not only as suggested go up or down, but it may just stay the same. Now that is deep research on the subject.
Take care all.
DOGGO,
Not looking at what the NAV is, just what people may think, along with their buying habits. I said nothing about 2p = seeds value. That is a different thing altogether. Those who trade, and there are more of them I think, will wait until it is so low that there is nowhere else for its SP to go before they buy. This is only what I fear may happen. Overall those that buy in at a silly low price will see their holding increase up to five times their investment, making a profit of four times their investment. It is only guess work on my behalf, not factual.
When two kind people actually liked my post. (joke).
Yes I know I ramble on at times, then I always have done, well since I was told to try and make some conversation and air my ideas many many years ago. I do try to give some reasonably interesting information when I ramble on for you to moan about. However I try NOT to criticise individuals and wish you ALL did the same.
Big sale again today. You may get people who bought in at 3-4p getting out now, rather than LTH selling up. Unbelievably it could go under 2p because no one will buy while it is still going down and those who paid 2-3p selling up to cut losses. LTH with an average of 6 - 10p will probably have stopped buying to reduce their average until they see 1p or less as the buying price. Then they know that it is around the bottom and will start buying along with those who got out earlier and the SP fly up to around 4p, quadrupling their investment.
It appears to me that the board have very little interest in making Seed increase in value, but when they get a "winner" they sell it to raise money to ensure they have enough capital to pay their own wages. The SP is quite irrelevant to them. Written my losses off and quietly think how stupid I have been having thoughts that a big success among Seeds holdings would increase Seeds value, more fool me.
It is a legalised scam in my humble opinion.
SPELLING
I am a useless person when it comes to spelling but there are a number on here who write the incorrect meaning / spelling. I, even at my age, try and learn even the basics and check both meaning and spelling. I do feel it is a little bit rude to correct others on here with out causing more disagreement towards others and generally tried not to, to being a word most of us get wrong at times, too is as well / also, but I still fail on this point. not sure I have it right here
No point being rude to every one, just save it all for me, I am thick skinned. How many times have I asked you all not to have a go at each other, it does no good what so ever. IF YOU DO NOT AGREE WITH SOME ONE JUST PUT YOUR POINT OF VIEW FORWARD, without calling each other names.
What would you say to your kids if they were doing it at school?
After all we are not in China or Russia and we can air our opinions freely. Just state what you want to and leave it at that. I am 80 very soon, God willing and have seen it all before and no one wins.