can someone educate me? how does share re-organisation work or how is it calculate. GCO has about 162million shares in issure with a market cap of £0.73million. And a closing price of 1.38p yesterday. The placed 999.970billion shares at 1p a share. Their new market cap according to them will be £10.29million with total shares of 1.029billion shares after re-organisation on 30 dec. 2009. So you would expect the share price to be about 1p. So why is it 0.45p when the re-organisation has not taken place and the new shares have not been admitted to trading? How does this work? Please help!!!, I don't understand.
i got sucked in when it drop from around 6p to 3.75p. Got in at 3.75p, got to 4p but did not sell because someone said it has a very strong support at 5.5p, so i waited and found myself here with 48% loss. What is happenning to this share?
please dows anyone know what the link to Plus market is, I need to check my buy trade. I bought 251,952 shares this morning at 0.234p per share. Thanks.
thanks MikeF, welshgoat & riddler23 Nov 2009 13:19
I just jumped into this a couple of minutes ago at 3.75p; all credit to you info that and links to show strong support for a long time at 5.5p. That was purely the reason why i bought and i am persuaded it will fully recover to that long term support price of 5.5p before end of week. Once again thanks.
Hi, can never be £300 except you mean 300p. I am a fan of Northgate and have always made good profit on it when I traded it, but realistic too. Cheers.
i am new to this, just had a look at the oresentation via link posted by barnard - thank you. Please where do you see this going short/medium/long term. Has the consolidation been done or is still to come?
where did you get your 3.5p from? can't you see that this has been 1.5p for a while? maybe you are talking about at least in a year's time IMO to see that price.
Hi All,
I am thinking of buying into this after the non-continuation of the takeover bid. Please does anyone have an idea if it is still worth buying into. If yes, why; and what is the good entry price. Thanks.
i have not forgotten my words, surprised to see this still holding firm at 1.4-1.5p range. The next challenge for the SP will be 22nd-30th October 2009 after consolidation. I still expect this to go down before going up IMO. DYOR.
what a shame, OXB spoilt this party for PYM. two days in a row, two firms released ground breaking clinical trials, that handed back control to the MM's, now they can control these two and play their SP & volumes against one another to thir own advantage. food for thought.