Member Info for Rebs438

1.5bn is around 15% of shares in issue.

It was similar yesterday.

I would say the placing has been churned (no overhang)

No need to ramp guys. Price will take care of itself.

Anyone with half a brain can see it's cheap down here!

UPL started the same way.

Long way to go to reach fair value.

GLA

Bought more at 0.26.

Gift horse.

Vol bought: 457,000,000

Vol sold: 0

Sea of blue

Current shares in issue 9.5bn

Another 3bn admitted on Jan 10 (likely fwd sold) will take issue to 12.5bn

At 0.024 (today's sp) x 12.5bn = less than £3 mcap.

By all metrics hugely undervalued given the news flow expected over the next 3-6months.

MMs know it is cheap down here and should rerate us accordingly.

I would agree. That is only £3m mcap lol

Novices focus on shares in issue and sp's.

It's the mcap that is important and currently TRP is sub 2.5m - FACT.

Volume will build into Q1 '24.

GLA

Focus on mcap NOT shares in issue.

2.5m mcap with rig secured.

Could/should easily see 10m by end of Q1.

That's easy 4 bags.

See UPL for comparison.

2.3m mcap

Very cheap for what is to come.

Dip bought - bargain

Looks like she wants to break out about 2.55

Seems like an easy path to 3p

Seems to have closed 0.45?

Either way - it's one of the bargains of AIM atm imo.

Hammered out a bottom for now at 0.40.

24.4 quoted to by a grands worth into close.

stock must be getting tight at this low mcap.

Should be 3's by Fri

Bottomed

Bought more.

0.8 tomorrow