Member Info for playingtheodds

Since placement on 29 June , 11 days since commencement of drilling this company announced it had raised another million pounds. That would not happen unless some strong evidence showed "encouraging " potential to the "money men" . Funds are hard to come by. Oh and the second raise was at double the price of the first placing.
Gold rush is on for Rockfire in my opinion.

It's a case of holding on now if you can afford to. It's just a paper loss . I think we are heading into the next lockdown so the markets will be carnage. My only holds will this PFD and ROCK , food and gold. . Otherwise I'm out of the market. Companys like Capita will survive and value will out in the long run. Just not sure how long the long run might be. Grim times.

No declarations have been lodged by CPI from what I can see. Nothing on IC either.

Thanks UKinvestor, Feb 21 is when I'm taking it.

My blinking pension is with these lot !

Looks like the climate that has kick started this company's fortunes is about to revisit us. Good for shareholders pockets but terribly grim as well. :-(

Agree , trust your research. Now is not the time for rainbow chasing

Confidence

If Capita goes bust then the country will really be in a mess , not because of Capita going bust but because of the economic situation it would take to make it happen.

Agree 100% . Time will show these levels to be a bargain if your very patient.

BareNeccessaties , it will in time. I now see this as a recovery play. I will keep my existing holding and only buy more when I can see a strategic decision delivered by the company that derisks it. I emailed the company yesterday about half year earnings which were due yesterday according to my calendar events, will post if I hear anything. The general noise coming out of Capita is good but it needs backing with tangible results

If so support gone. Could test low thirties/late twenties if no intervention from the company in terms of disposals / major contracts.

To be exploring
Gold (ZG) is at $1,961.65 (+0.88%)

http://uk.investing.com/commodities/gold?utm_source=investing_app&utm_medium=share_link&utm_campaign=share_instrument

Had it down as being reported today. I have contacted Capitas IR for an update. Will advise on here of any reply.

Why do you persist with mentioning death spiral finance. Please refrain unless you have proof.

Will look to build a position. Seems to be a bargain if contracts are forthcoming as they seem to be.

Strong at this price.

But could somebody explain this ?
http://bidstats.uk/tenders/2020/W31/731775005

And Capita has the technology , infrastructure and clients to help it happen.
https://www.capita.com/our-thinking/equipping-young-people-to-overcome-covid-19-employment-crisis

It looks like they had a sizeable buy to fill so by dropping the price on a day like today they can balance there books in there favour.