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I think it's holding up extremely well this morning considering the huge rise yesterday. This is the inevitable retrace. I sold at the close of play yesterday and took profit as many others did, but I'm looking to get back in as soon as the SP settles. Good luck all.
Harizma - I totally agree. I think the SP will creep up to 16-18p before any rns lands and then gap up to mid 20's when the rns lands. There are three pivotal pieces of news expected. Personally I'm going to sit tight until all three pieces of news have been announced, because I think it will go an awful lot higher than 25p once all the news is in. Good luck. Atb Popeye.
NikNak - Give it time, just a little bit of patience is required. With a £6m mkt cap and £5m cash in the bank, this is now seriously undervalued. The contract business alone is worth £7m. Once the anticipated news starts to come through then this will move an awful lot higher IMHO. Good luck. Happy new year. Popeye.
The figures are exactly as forecasted in the trading update. The company has caught up in October/November and therefore YTD are ahead of the previous year. Achieving a raise of £4.4m in the current financial climate was a feat within itself. My belief is that the contract for £1m within contract manufacturing business was subject to RUA successfully carrying out a raise, in order to increase manufacturing facilities. A 30-50p target over the 12 months is extremely realistic IMHO. Good luck all. Atb Popeye.
IntraVnus - I totally agree with the trades that you've just mentioned, but Giovs was asking about the 3 large black trades 30k, 55k and 30k??? They are all buys by the timing of the trades. At least we're still respectively in the blue. I also agree that traders need to give the trade a chance to breathe. Good luck. Atb Popeye.
Gordonbennett1 - What you're doing is very naughty!!! Give it a rest. Because people will get spiked here whilst you quietly slip out the back door. Hopefully people will have the sense to take your habitual ramping with a pinch of salt!!!
FlyingHigher - You need to make your mind up!!! You had this as a strong sell when it was 12p and then a strong buy when it was 50p!!! All within a two week period!!! Absolutely hilarious. Good luck when you change your mind again!!!
ProfitJock - You've called this spot on. I bought in yesterday for the first time going into the close and again this morning. My average is a lot higher than most here at 32p but I'm already in profit and will wait until we go into the 50's before top slicing. I sold Genedrive yesterday at a £6k loss. When this hits 38p on the BID I will have my £6k back. Good luck all. Atb Popeye.
Roger65 - In fairness Roger, maybe the price had dropped from 36p to 3p because it was "Black Friday". There's many companies out there at the moment having sales and offering massive reductions includung Specsavers!!! Atb Popeye.
Slacker246 - There's only one little thing stopping the BID from falling from 7.25p to 7p and that's a massive sell. MM's are happy to take 500,000 shares at 7.315p in one hit, so they need to be taken out first before you will see your 7p on the BID. It could well happen, but the very slightest inclin of any good news and the SP will go through 10p in a blink. Good luck. Atb Popeye.
I've started to build a sizeable position. My first tranche was on the 3rd November. The majority of large buys over the past 11 days have been mine, including the large buys on the 3rd November. As Roger and other posters have pointed out, it's quite possible this could go to 6p!!! Personally I hope it doesn't and I think there's a good chance of some upward momentum in the very near future. I've got all the shares that I want for the time being. Good luck to all holders. Atb Popeye.