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That is like asking how long is a piece of string, it depends if there even will be a placing, I don't think so, but never rule anything out with AIM. If there is a placing, is it done for the right reasons. Finally what price would they issue the placing at? Placing doesn't always mean bad news, it dilutes the market, but we aren't Divi based anyway!
Follow the link...
https://twitter.com/TraderBus/status/1098660912087613441
Im not a holder in KP2, but they are on my watchlist and I do want to invest, but I have been holding back for a while. I am new to investing, but I can read charts.
How this stands at the moment is either the large seller (we know he isn't a major seller as its only 6,000,000 shares), has a reason for getting out. Now the charts are saying that this has lower to go still (Technically), but with this sale its either good news that the seller needed the capital for another set of shares of who know what, its someone who know something and there MAY be a placing looming (Im not sure about this if I'm honest)...but on the flip side, if it is a genuine seller, then this is the reason why you lot have been buying in and the SP hasn't moved, you've been filling a very large order for the MM.
My limited experience view, would say that this may drop a little more, but on the back of some strong buying (Not taking into account what you've all done in the last two weeks, as thats filled the large sale), then this share could start making its way back to the way it used to look.
However, DYOR and please don't rule anything out...even a placing!
Lots of folks who have made 40-50% profit are now leaving. This share will now stay around about this price until the next bit of news is received. Might see a slight increase, but not a lot. Now its just a case of sitting back and waiting for the next lot of news. The day traders have been and gone, we are no longer on their radars! I will be sitting tight on this share until more news is received, some time in the next few weeks.
I have quite see a SP rise and fall as much this has in one day!?! 1.50 -1.60, then back again? MM playing games?
DYOR
Out come the Day Traders, now the real investors turn, expect a few of these today!
Anyone else care to make any predictions? Who has sticky hands like me? Who else is holding long term for 4-5p?
Not quite as happy as Riddler, but been in since 1.14, just topped up, so my average is now 1.47, happy with that. In my view this SP will go back to 2.5p in the coming week, 4p is the target on more news, if they company keep the same success rate and growth, it will be a 10p share within a few years.
So Buy In, keep shares in Sticky Fingers, sit back and watch it grow...
I’m gutted I missed out Supertag ????
I think that was a successful day? I still can’t see the shared trades, but I imabgine a flurry of sales and some buys before the whistle blew? Anyone care to update me? Hoping we move on from this position tomorrow!