The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
FWIW, make of it what you will etc, but on my chart (hourly candlesticks) the 50dayMA is getting very close to crossing the 200dayMA.
Every time that happens it triggers algorithms and a flurry of buys come in. Could see a few blue days before the end of the week.
https://ibb.co/gWrz5xM
A rebuttal to all the toxic derampers (that's you Retard de Renoir or whoever):
If ALGW was just a lifestyle business, then WHY go to all the extra effort to list on the main market and not just the AIM?
I'm sitting tight. If I was sitting any tighter my butt would be in a vice and I'm chill AF. Check those bollinger bands... yup. If my housemate would just pay his rent for once, I'd be loading up right now.
From what I can tell it's a proper workspace, not just a brass-plate address.
https://www.loopnet.com/Listing/23-Corporate-Plaza-Dr-Newport-Beach-CA/9048801/
At this rate, I'm expecting SLIM launch a week or two into Q2. We should be prepared for that... Don't freak out if it happens. Still a worthy buying opportunity IMO. anything under 3p is going to look like a dream price by the time ALGW grows into a proper company. Worth waiting for.
https://www.slinvest.co.uk/
It was down last week when I checked too. Not sure what to make of this.
You're both right (I hope). It's going to give and give again.
Short term we should see some buying pressure with the SLIM launch coming soon. Medium term we might expect the Hybrid product to be taken on (nine-figure allocation, remember?). Longer term, into a bear market we'll see increased demand for non-correlated investment vehicles and hopefully ALGW will rise to ascendancy. Performance fees will be residually paid for years to come, as the insured die off.
The SLIM fund is exciting, but the big picture is so much more thrilling. GLA
A bit surprised there's not news this morning after yesterdays flourish. Not sure if I'm expecting an intraday RNS. Somebody knows something, or at least is very confident.
I think we can expect on-target launch in the next two weeks.