Relax just traders selling for the weekend
Majority of the risk is off the table now IMO
I don't see much difference I'd it does drop another 10p as it's already dropped 167p from Monday's close, so 177p drop isn't that bad tbh.
Hold on to your hats, I suspect they're getting out behind the scenes.
Big holder's can't get out until December, I can slowly increase my holding and be out before them.
I the mean time some of them might try and bump up the SP for me
CABP is still dropping there's no rush to buy in there but it was 215p on Monday now less than 50p on 17% reduction in forecast revenue.
I took more,slowly increasing my holding here
Game Over Folks.. CABP was a better option for traders as the big holders can't get out until December, thry got out of here yesterday.
"it has become increasingly unlikely, in the reasonable belief of the Directors of Safestyle, that any Proposed Sale, even if it was completed, will result in any return to shareholders."
Looks like quite a few traders got caught in SFE this morning, thankfully this share doesn't have the same financial problems.
They say 4 days for a falling knife and it does look like it's bottomed out now.
Big holder's are locked-in until December and beyond, so we have a couple of months before any of them try and off load into a recovering SP.
Think this will end blue today
8250 is the max on T212, it's in trading instruments then click on the information icon for that share.
T212 has a specific limit on all of its shares, you should check before buying what that limit is.
Happy to let it do it's thing over the next couple of months
Thunder, Monday's closing price would have £131m revenue to £546m MCAP.
So today's metric shows real value.
FY 23 revenue circa £131m in a company with MCAP circa £131m currently.
Agree yes I worked it out similar and decided this isn't a quick trade opportunity but a few hundred percent plus opportunity!
Hopefully a good TR1 buyer RNS tomorrow
Hopefully that's the one we've been waiting :)