I don't think the great gas discovery news has sunk in yet. You may have to wait 7 mins like yesterday, 7 hours, or 7 years. 10% is not a disaster. It should be up today at some point, timing is very important, G/L all
The mms have been playing the SP, trying to accrue shares to sell on to a big buyer imo. It could be the same today, just look at all the unknown trades between 50-100k!
very poor because there are some large amounts of shares changing hands, and the sp is being manipulated. Be patient and hold/ buy while you still can at these prices.
Deltic has raised GBP15 million via a "significantly oversubscribed" placing and subscription. wow it looks very cheap considering a recent huge gas discovery!
RE: 16 Jan 2023 Rns missing on LSE3 Feb 2023 12:24
Rocka you seem very knowledgeable about Mdz, it's quite an achievement to still be as an expanding active company after all that time. We will soon see in the results if their income is covering their costs without needing new capital but even if they do that's not uncommon for many successful Aim-listed companies. The spread is no better or worse than many companies here and as we are now over covid 2023 should be a better year. It wouldn't take that many prople buying "a million shares for a tenna" for the sp to skyrocket lol
RE: 16 Jan 2023 Rns missing on LSE3 Feb 2023 08:40
15 years....? The sp in feb 22 reached .1 or 40 % higher than now. Mdz has many blue-chip customers and has been quietly expanding into Europe. Don't expect profits to go through the roof any time soon; It looks to be doing well so I have purchased some more. Could easily bounce very soon imo.
Aim is full of start up projects that need funding so initial losses are to be expected. SXX has done much of the planning & costing and there is an offer in advanced stages with Anglo. If this gets going again it will need a big investor and with more Brexit uncertainty out of the way who would say it will not happen? Anglo has said what money they will put on the table 5.5p above the current SP, Flybe went nuts when nobody knew how much virgin & co were going to bid with turned out to be only 1p. So SXX is a far safer bet at this stage.
"Anglo American confirms that it is in advanced discussions with Sirius in relation to a possible offer at a value of 5.5 pence per Sirius share, in cash (the "Proposal"). The Proposal would value the entire issued share capital of Sirius at approximately Β£386 million."
The Yorkshire Potash project ran out of funding but Anglo can see it's great potential to bring longer term big profits, I would not be surprised if SXX are currently talking to more than one interested party.
Yes expect some volatility with markets but the Burford upswings are proving to be stronger than the downswings. Still a lot of up recovery potential, after the disgraceful pehaps illegal manipulation. The next results will be the key to Β£20 after that a FTSE listing imo. Penny shares are usually dead or drift lower waiting for good news, that is not happening here.
They know a bargain when they see it and have picked up shares ahead of the crowds. Anything under a Β£10 is cheap as chips which it will break sooner or later. Also I don't expect the bods to be doing nothing to prevent this fall from happening again including listing on other markets.