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does anyone know what is driving this up astronomically? I am new to this share. John1952, why do you think this might reach 90p soon? Any fact or anticipated news?
how did you achieve that? did you have any info that gave you a clue to buy yesterday? I am just curious because it seems a stock will just wake up one and rise astromically then stall. What is happening? Cheers.
the facts are not in favour of SBDB just as it happened to MEC, almost a complete replay. Don't get me wrong, it will be a huge success long term, that is why i am interested in it, but short term, it has to fall before the rise begins not minding the huge buys, MEC also had huge II's buys . Time will prove me wrong or right. however i am sticking with my persuasion on this. if i don't see the entry price i want, the SBDB is not for me. Period. read MEC 1 month before RI up to 4months after the RI. Cheers.
we don't have to argue about this, let us wait and see. swinger does have a right to his own view just like i have also aired my own opinion. cheers.
this will rise long term no doubt about that. i am still waiting to get in between 0.8p & 1.3p at the most whether pre- consolidation or between 80p & 130p post-consolidation. But to be frank i am a bit surprised that it has actually gotten some stability range of 1.42p-1.50p for over a week now.
Why the sudden drop of over 10p? What is going on? Any answer towards this please.
this seems to be holding its own today, but not sure which direction it will face though. I am still holding on for sub 1p or at best below 1.3p to get in. not going to change my mind on my buy SP target. either that or nothing. sticking to my persuasion on this. DYOR & GL to all.
let's wait and see. okay may be before consolidation, but very likely. all i want is for it to stabilse and all the uncertainties clear before getting. If i get the right price i will go in, otherwise, bye bye SBDB and all.
Tomorrow's price? I do not know, this will be dependent on the market and the reaction of investors to this. But for it to be below 1p by tomorrow, will almost ve a disaster by all standard, that will over 30% drop in one day. Why will that be? No news or any result. The shock of just 60% take up of the RI has been dealt with last friday. The other uncertainties which include the consolidation is still hanging and is boud to affect the price. Someone once said that the reason for consolidation of a penny shares is to create more room for SP fall if need be, that may not be far from the truth. If you are for long term hold, then buy tomorrow and don't check it for months, but if for short/medium term, then be concerned about your entry price. On long term, 100% certain, this this a good stock that is why the big boys/II's will snap up what they can get, but can you afford to leave the money you put in here on long term without worrying? if yes, buy now; if no, then wait for close to 1p if you cannot wait for sub 1p. Note of warning, the sub 1p may not come until after consolidation but I am persuaded it will come. Again this is just my opinion. If i doesn't, then this share is not for me even though i am very interested in investing in it. GL.
Please for those who have genuinely done their research, what value do you think the SP is worth, and how far high do you think this can go and how soon? Is anyone into GTL, why is it rising and no sign of retracing? Thanks.
if you are desperate, then get in tomorrow but i would not advise that. I have suggested that this have the chance of going sub 1p before going northwards, and someone said it is not possible. Well as I mentioned a few times including yesterday afternoon, i am very interested in it, but will only get in at what i think is the right price for me (between 0.7p and 1.1p but subject to a review as things span out but definitely not above 1.3p); but i have jumped in too early into too many shares and have learnt a few lessons. I almost bought in at 3p, then change my mind after some research and past experience i told myself to hold on; and i am glad i did, because i would have been crying again and beating myself up. Note this is my opinion and decision, please DYOR and reach your own decision. GL.
ShareDreamz777, See why i came to this conclusion of less than £1. When MEC annouced their RI, the share price was 5.5p, I bought it at 3.7p to qualify for the RI. It went down to 2p, i bought more. The RI was 1.5p each, at the time when the RI was about to expire, the share in the market went to 1.5p, some people said no need to buy the RI, i stubbornly went ahead thinking it was a blip in the share price. After the RI was completed, the price went as low as 0.77p, i felt i should average down but because i invested heavily in the RI £10,000 worth, I said no. That was my mistake, because after the consolidation i was loosing over £5,000 out of £11,000 invested. After consolidation it was swinging between 80 and 105p for months (when most people's average was between 170p and 500p), then suddenly late august and september moved rapidly to 200p and now swinging between 160 and 195p. So i intend to use that experience on SBDB.
LectoriSalutem & All, I almost bought this at 3p when they just announced their open offer, i was reluctant did my research and discovered that the true value was 1.32p, so i decided not to, but set a buy limit at under 1p. I was tempted a few times to get it at 2p but refused because of my experience with MEC and the fact that they will do consolidation. If it behaves like MEC, this will go below 1p before it goes up to 3p or £3 after consolidation any pirce at 0.8p and below pre-consolidation, I will buy, otherwise I wuill wait after consolidation when i think i can buy it for less than £1. Don't get me wrong, this will be a great share on medium to long term, but short term, no; the dust of the poor OO take-up of just 60% and other issues of uncertainty will have to settle down before the journey Northwards will commence. This is not a day trader's share either. This is just my opinion and honest assessment based on experience; and I stand to be corrected.
who is the expert here? talk to me please. it this still worth coming into? Cheers.
Hi All, Who is the expert here on this share? Please anyone know what is driving this and how high up it is going to go? I almost bought in at 21p 2weeks ago but changed my mind. Any feedback will be appreciated. Cheers.
I am happy I did not buy this, I almost did at 3.75p per share 2weeks ago but had a re-think, went back to do my sum, and ridiculously set a buy-limit at 1p when I discover that the true value based on the RI will be 1.3p. When it did not drop, I gave up because I was not sure I was prepared to hold on to it long term. I have experienced that with MEC, so I was not prepared to re-live that experience again. I am still interested but only after consolidation and at the my considered right price. But on the long term, this hopefully will come good.
Hi All, I bought this share in the pre_RI, pre-Consolidation days accidentally at 79p. Within a week, has risen to 126p. I was baffled, sold it, and realised that it has not picked yet so i bought baack at 130p and it rose to as high as 186pp before coming down to sub-100p and rest is history now. Took my RI, sold at 244p after consolidation, bought them back again with the same amount 237.9p and extra 17 shares for free. But with this I holding now till it goes over 300p now. whoa!!!!
whoever called this will hit 259p to 260p before the market open this morning, welldone!!! Kudos to you. Did you have a basis for that call or just gut feeling? I really will like to know. Cheers.
Hi ALL, What is CFMA? What do they do? When did they start and listed for trading? Cheers.
Hi All, I just knew about this share yesterday when I read it on this board. I almost jumped in immediately but did not have enough time to research the basics of it, and was surprised to see it steal the market show yesterday. Please I just want your opinion, if you think it is right to jump in at the current price or what price will you recommend as entry point? Thanks.