Member Info for Rumandpoker

The market will understand perfectly. But no matter how exciting it is the really big players and the hedge funds are not interested in bagging/multi-bagging etc. They play with such serious money a mere 10% is sufficient, so they will be in post-discovery when there is certainty

Oh no wyn, that means you will be out soon; by order of the Welsh govt (assuming you are Welsh) I command you to keep some skin in the game.

very helpful, even for a relative novice like me. or i would be the proverbial ******* in the wind.

Today was one of the more obvious falls, to a reasonably predictable level. What happens next is a little more uncertain, though I feel the sp will likely hover between 9-9.5, with some news likely to push it over 10p, probably next week, or perhaps week after. Any dip into the 8.6p range should give a quick bounce up to 9. So feels like a good entry level here

Yep, I jumped in too as that was around my target price and feel a fall much further is unlikely even if a 9p bounce doesn't happen

Yeah sure, Cybertron, I get that, everything hinges on news.

Assuming sp pulls back a little, bearing in mind the high RSI and possible brief lull in news, what support lines are there?

Although I am useless at reading charts myself, I would expect the sp to retreat to low 9s before rebounding.

Cybertron, what about the RSI already being over 80?

I imagine 10p is a resistance line. I wouldn't be surprised if this drops a little today. Possibly will need some decent news to breach 10p and stay above

Well put magpie.

A very nice opportunity imv, particularly if you have the patience to hold long term.

100% mtel. But the shares will be offered heavily discounted such that the value to take up the rights will still be lower than your current holding.

Eotb, while it is a confusing issue, the opposite is closer to the reality.

And if you want to argue many the cost of taking up the options will be prohibitive then that is just attempt to pull wool over people's eyes - the options will likely cost a fraction of the value of any investors holding and there will be several months in order to find that money.

You missed a few important points in your summary, half-truthfactory. Neither current holders will be affected by the RI, if they take the options up, conversely if it's nice opportunity for them. Nor will any new buyers be affected should the share price fall.

It's not basically a start-up as we know the market and demand is there, while staff, board, systems and banking relationships etc are already in place. It's more like a spin off aka the new glaxo.

Just 8 short term sellers of reasonably small amounts that were clearly hoping for mega juicy RNS of FCA approval etc, while this RNS spells out amigo are still trying up loose ends with FCA. This is an RNS for medium-long term investors.

Personally, I don't find the SP reaction strange as most investors are concerned with the near term, while this RNS paints a picture over the medium-long term. Positive though and adds belief I should continue looking at this with optimism and look to build further.

Personally, I will be holding long term as I think we are under-valued...assuming I'm able to take up the RI.

I also intend to hire a financial advisor at the time of the RI to help navigate as best I can through unfamilia territory..perhaps you should do the same, mtel.

Franky, personally I'm caught in two minds whether to top up given we should be near the bottom or have contingency pot ready for the RI. Impossible to know whether RI is coming next few weeks or end of the year etc - if I had to guess i would've thought end of the year. Don't want to be caught with pants down though.

Hedged, while the ask price touched under 5p yesterday the bid price was still over 5 because of spread so not sure how you bought under 5