RE: Canada is awake and looking good.5 Aug 2020 15:54
also don't forget the Canada market is actually quite difficult to read as it generally only goes up in .5 increments (confirmed by long term poster CawCaw) so i wouldn't go too much on the performance there. Notably the volume in Canada was pretty low given the news.
Actual bid and ask slowly increasing here, from what i can see very few sells coming through, albeit 4m has just gone through. Fully expect the move to continue higher over the coming weeks - this is very similar to the initial move from 0.07 to 0.2, it spent a few days consolidating there before moving on.
just a reminder, given the shares issued over the last month, our total issued shares is 4,817,503,698 market cap at 0.5 is £24m, 0.6 is £29m, 0.8 is £38.5m and 1p is £48m
this seems to be the sweet spot at the moment, anything over 0.5 isn't quite seeing enough momentum - to close the week above 0.45 i would be happy albeit expected a lot more on the news, my guess is a lot were expecting the licence to already been confirmed as extended. I think MMs will use this interim period to prepare for the next leg up and happily take shares off day traders or those looking for small risk free gains, when the extension rns hits i fully expect an attack on 0.6 again until then everyone just needs to chill
Good morning all, Sorry if i'm a little late on this but what were peoples thoughts on the Vox podcast with Joe? It's good to see him doing some PR for the company and feel like he came across well - i noticed that the tone changed slightly when asked about Cambay, you can hear his frustration but he did say that in a normal environment (i.e. no covid) the transition to the new partner from GSPC would've only just completed or neared completion. Positives - he is still working with GSPC and the Indian government on the handover of the project to the new partner and continues to have their support to drive out the value of Cambay
My take is we will not see anything happen on Cambay until the end of the year at best.
Looking good here Shaa - i'm starting to think if the result of the agreement is positive i think we will see an intraday rns when both markets are open, fingers crossed we see something before next week
Such a shame the way this board has gone, i used to enjoy reading the various comments positive or negative but unfortunately the relatively new crowd seem to enjoy spending their time writing argumentative drivel.
That is me going away again for now, will be watching in the background but see no point in reading or writing anything here
this is looking incredibly leaky - the large trades at the close yesterday followed by the 4 lots about an hour ago are enough confirmation for me the deal is done and dusted, well done to those that held
Agreed, so far i can't get my head around the process. Does he seem to think that if he does it in small doses that people won't realise how many shares have been issued since the announcement in early June?