Member Info for Samthespaniel

Somebody mopping up cheap shares. Possibly a MM.

Who are these lunatics buying two pennyworth at a time. Can we really trust that these are genuine deals being reported?

25 out of 104 trades were for less than £100. The commission fee was probably more than the value of the sale or purchase. Strange! There were some modest buyers too. I'm not panicing. As the shares have dropped over 5% some may have set their stop-loss figure at 5% which triggered a sale. Could be the MM's "shaking the tree" to get some cheap shares in the bag.

Panic sellers!

Also, Porozhin's Wagner Group was active in the Central African Republic, not too far away from Gabon. They possibly had more interest in the minerals and diamonds than the timber. Something to keep an eye on though, even though Wagner Group may have more interest in Belarus at the moment.

I'm similar to you at 1.01p. One fact not mentioned so far is the determination of the founders of this company to survive. They must have believed in the principle of using the forest in a sustainable manner and of making a profit along the way. I bought into that. All the buying and selling of shares is the normal chatter of people gambling on the share price. Some must have lost heavily and some have gained who bought at 0.4p and have sold at 0.8p.

I can afford to lose all my investment but I consider that it is a good gamble to stay invested for the moment.

You'll regret it if you go now. Price is holding up and the next RNS is the time to make your choice.

Might be someone who made a mistake, as I have done, and forgot the price is quoted in pence not £. lol

If the CEO is buying - can't be bad!

Re: " I probably sound like im overthinking it "

Agreed.

We are not privy to the reasons why anybody buys or sells. I am amazed at the number of people who buy or sell penny numbers of shares when the fee is over £10.

Share-buying is a gamble even if it is the FTSE 100. Just don't bet more than you can afford. With this share you may have struck lucky and get back a fortune over 5-10 years, or it could still 'bomb'.

What happens with the market makers on a daily basis should be ignored unless it becomes a trend. Some people have a 'stop-loss' policy by selling if the SP drops below a chosen value (say 10, 15 or 20%) to stop a catastrophic loss. If the SP goes up move the stop-loss mark up too. That way you will lock in a gain.

With this stock, a lot of people have probably held on after it went into freefall. If they had faith and bought in again at around 0.4p they may yet make a handsome profit.

The next RNS will be a vital piece of information.

The jump to .9 followed a buy of 5m shares. It quickly fell back. On the day, sells volume exceeded buys. Normal service resumed. As I said on a previous post, the next RNS (dealing with income and expenditure in 2023) will be the best guide to SP over the next few months.

Some gamblers and profit takers. MM's happy to take considerations from both. Business as usual.

I'm in mackyd's camp. The next RNS will give a clue to direction of travel.

I note that you said this earlier in the year, "I was referring to southcoastbather's post of 11.09am not the inane rose tinted specs ramblings of others!" Aligning yourself with southcoastbather, a noted serial doomster marks you! By the way, shares were at 0.4p or thereabouts at the time of your remark. I've made 100% on shares I bought at the time through having faith in the ability of the BOW to weather the storm.

If I knew I may be either buying or selling. I've always been positive about this company, in principle. It seems to have weathered the storm and I expect my breakeven point of 1.01p to be topped by end of 2023. I've bought all the way down from 4.5p despite the doomsters that inhabit this chat facility.

Q2 2022 was available on 11 July so Q2 2023 should be imminent. It should give an update on trading, which may affect share price.

Not surprising that things have gone quiet after the "good-news" RNS.

The company now have to cut and sell timber through the summer period to pay its debts. I would not expect the share price to move appreciably until 2nd quarter report, and it may drop a little before rising again at the end of the year.

With electric cars struggling to make an impact due to lack of investment in infrastructure and hydrogen power uneconomic as yet I see a future for carbon offsets. Oil and gas will be needed for some time to come as China and other nations seek to increase their economy. This has been the case for at least a 100 years. Carbon offsets will be a growing business and I see WBI as growing with it. The share is still a gamble but I believe it can be a big success. I have bought from 4.5p down to 0.5p and need the share price to top 1p to break even. Definitely a HOLD.

Read Nathan 91 past chats. Absolute tripe throughout. Suggest you use your filter.

Profit-taking. Do not panic.

Read the past posts of Chaiwala. God knows what he (she?) is, or what their game is. Ramper?, dumper?, MM? or just a pest.

Bois is WOOD in French. Gabon is French-speaking so Bwa is the correct pronunciation.

With SP rising this word could soon be more useful soon:-

benefice - meaning profit in French.

He who laughs last, laughs LOUDEST. Can you hear my guffaw?