Hi Sotolo. A very rarely watch the opening bell on L2 but did so yesterday and sold at 8:02 for 1.18956p . As I said , thanks to the poster who alerted re the ridiculous 82p valuation. I will wait for things to calm down.
It's burst back through the 50day EMA twice now. So frustrating !! Sorry to all non chartists but had to rant. I was lucky to sell yesterday about 8:05. Many thanks to the poster who alerted us all to the 82p farce following a less than encouraging update. Going to watch for now. I was so convinced to stay long. I will be back in at some point. Good luck all.
Someone is accumulating in 50 and 100k blocks. Also some large buys. I wouldn't have thought a deal is imminent but interesting nonetheless and provides further underpinning of the SP as it continues to "consoldate "
Sorry if I misunderstood you Gingerhippo. For the life of me I can't understand what the naysayers are carping on about. Long and strong until fundamentals persuade me otherwise.
I can't believe a deal is imminent. The recent fundraise demonstrates this. I bought because I feel this is a reasonable price and this has been confirmed by the market. The potential here is exciting for considerable capital gain in the medium term. Patience for me is easy but for LTH's must be now a grind.
I am now concerned about availability of product. I am hearing of ridiculous shortages and waiting lists for roof tiles and insulation. So although demand is there it now can't be met. Any other views on this?
Think about this . An II has just invested £14 million at 26.5p. Does anyone really think that they would have done this without the due diligence to arrive at that price. They will not have paid top whack. The question is what discount is 26.5p to the perceived value of any successful acceptable bid?
Stands at approx 125p. For the first time in a while it is in reach and starting to bottom out. A strong buy signal if breached and Maintained. Watching with interest especially if news breaks.Sorry for boring any chartist luddites :-)
How many times posters claim that EUA SP is overinflated. The market just paid millions at 26.5p so are you saying these guys are muppets? Follow the money not the guessers.