Could be! The smart place investors were getting a handsome discount at the time. They however couldn’t see the future and the GlobalCo delay announcement shortly after.
But yesterday the usually retrace to low 5s didn’t happen. So no traders were loading up as they didn’t get their price. And same again today small but solid rise with no dip. MMS have less shares now and we have less traders in this range. People are holding and shares are running low.
The feel of the share and weak rises seem to have changed to me. Famous last words. Tomorrow will tell us more. I’m hoping for a bit more volume on this change in sentiment.
Cloudstrife it’s ok quoting these articles but you’ve got to read them mate! CTEA complements the Government version (event tho there’s doesn’t work and won’t for ages).
Long termers know what HEMO has under the bonnet. The super smart money knows what HEMO has under the bonnet. But, the super smart money waits to til the technicals are in HEMOs favour and Price momentum Has changed before they time their entry right.
650,000 shares just before close. Someone serious has decided now is the time to join the party. I’d suggest sentiment in HEMO has changed course and it’s amazing work is being pondered more broadly and seriously.
RE: Latest news - positive or negative?18 Jun 2020 17:23
"As a result of Zengahs balanced and detailed appraisals of the CTEA share, I decided to invest my life savings into the company..." :-) He is getting irritating though I agree.
You’d remote education would fall into the lap of Dev. Particularly for those reaching the higher education decision Course/career making stage. But I don’t know the details on the techs remote access to know exactly. Must read up!
Similarly if your college or school or uni signs up to the tech then again I’d guess it should be accessible and usable Remotely.
More reading for me :-). I’d guess if it isn’t it will be.
Absolutely. There is literally no reason for any further dip from what I can see of the charts and the current market cap. Their scalability is endless. The targets for US and UK take up of the VR careers app are both cautious yet lucrative. If they can increase their market share above those targeted (around 10%) then you can hear the kerching noises ringing. Costs have been absorbed throughout the development process. admin support will need a team but you'd hope the tech itself is robust enough to head little work on the software.
VR has been projected to be THE future for the kids to play their games on and it seems obvious that its the next step for EdTech. Lenovo are a monster of a partner. If the take up is successful in the US then the sky is the limit. A roll out in Asia is inevitable and the profits could be monstrous.
Ultimately id imagine Lenovo would just buy Dev out if the they hit their targets for during the contract period of three years. Maybe sooner if targets are exceeded.
The app’s purpose is completely different to ours. Not a virus tracker but a passport to enter places of work, pubs, galleries, museums, retailers etc etc
There was a nice organic rise from the lows up to 8p. We've only had good news since but the instant gratification investors don't like the end of summer timescales and move on. Sentiment disappears and there is still a level of distrust from the original pump dump by the original broker. To me that is waaay in the past but its funny how people have long memories when it comes to significant losses and price reductions.
Sentiment will return over the next few weeks IMO as news on the US and Canada roll out nears. I expect good numbers on this - institutional investors at the ready. And with it government grants, national UK coverage as the VR tool is proven to work and there'll be a clamber across the UK to fill a non-serviced gap as things stand.
And this is all regarding the careers platform. Id imagine as well as adding more weight to the tech push for the careers platform they'll now have the kind of resources that mean they don't have to focus the whole companies activity on just this one product.
On a more positive note the traders who bought early and sold at 5.7 couldn't get in any lower today, it never retraced to starting SP. So in theory, there's going to be less sellers when we reach 6p again.
Also buys still dominated today even on low volume so things are looking up.