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Agree keep posting it. I believe Poidsters account of events is what had happened.
Small steps on the chart but going the right way. Can see some nice targets on the harmonics - see JUSTSHARESONAIM on twitter.
https://twitter.com/thecitymile/status/1491319942305796096
Interesting to see if it can hang in the UPTREND as its on the verge of falling out of it,
....going forward.
Nit of resistance around 180p but should see 240p, fairly soon I'd say.
The daily chart shows the MACD crossing up and we've just had a 3/8 cross should go well over the next few sessions
.....when will there be some concrete news on the sale here - ultimately thats what everyone is waiting for.
No two ways to cut it but if you had to pick a time to sell a long life assets then it possibly wouldn't be when the Russians are trying war with Ukraine. Sanctions could make this a sticky deal to conclude against this backdrop.
It's seems clear thus has become a traders share in the meantime between 20-25p.
Have a feeling they might go a little lover this time though to vary the range up a bit - there is only.so many times you can tap 20p before it breaks.
Let's see what happens.
Q
Still seeing a run back to the first major resistance at around 235p
Think most are seeing the same so should get there in Feb.
People should remember these are still number on a page.
No official offer yet
Threat of war and heavy sanctions.
A sale I'd likely to be mid year on a clean run without war getting in the way.
https://www.google.com/amp/s/www.aljazeera.com/amp/news/2022/2/7/europe-faces-most-dangerous-moment-amid-russia-ukraine-tensions
Things coming to a head in Russia, unfortunately timed news against the backdrop of heavy sanctions for anything coming out of Russia currently.
Let's hope it goes well today.
Think a few others are picking up on the technical set up now.
Think we will see some more volume over the next session or two.
Harchris,
This has been discussed in other groups over the weekend by people who have more in depth knowledge of the copany that I do. You have to admit though it makes total sense at these prices, should they do so.
Its an option that is open to them as I understand it.
Alot of bullish divergence and tight bollinger bands, typical reversal pattern since the 250p drop.
Seeing 235-240p coming soon.
https://twitter.com/thecitymile/status/1490613805386190848
They have authorisation to do so....
In anticpation of news starting to flow again. I can already sense optimism on every level.
Fundamentals, technical and sentiment all pointing the right qay. Everyone aligned and having an interest in the price going up now.
Think we wil see a fairly swift reversal back through the 2's and into the 3's over the coming weeks.
Co Prep news
TATA news
Director buys
Forward plan
DHSC dispute all coming soon.
Hearing a sharebuyback for 10% has been looked at so maybe that will be the first and easiest thing for the BoD to implement in the short term to set some light under the price.
Watch this space, things are about to get interesting again here.
The technicals point to 180p on Monday.
Surely people see the positivity of the LTIP RNS.
Think about it. A conveyed message via RNS about the direction the company are going to take.
Seeing 325p sooner rather than later.
Looks likely I'd say. I'm sure DA wil want to make sure the downtrend is broken ASAP now.
Expecting to see the volume crank up a bit now and interest in the shares grow now. Everyone will want to try and pick the bottom and it looks like we've seen it.
No big deals are going to be done Russia whilst the Russia/Ukraine situation exist. Not ones' this big anyway.
We are just going to have to be patient and wait until this unravels itself I think.
Issue is two fold.
1. Heavy sanctions will be placed on Russia if any incursion into the Ukraine occurs.
2. Russia is not the most honest place in the world to do business and the threat of licences being revoked to Western companies should 1 occur is a very real threat. It would be naive to think otherwise. At the very least there will be a slow up of operations.
No company in their right mind will conclude a deal of this magnitude whilst the very real possibility of war exists. Simple as.
How the share price reacts, who knows. I'd expect a drift to 16/18p in the interim.
It's not going to be pretty over the next few weeks now.
Absolutely top class, world class assets BUT against the political back drop its going to be tin hats on over the foreseeable.
Clear to see this war is organised propaganda to follow a weakening covid situation.
Love this stock and it has assets we all need going forward but in the mean time it's going to struggle.
Caught up in the big picture, not it's fault , just a casualty.
:-)
Ses to me to be a turning point t for this share now.
Directors aligned with shareholders to get the SP higher now.
Company seems to have confirmed Co-Prep coming in Feb, so news definitely due. Wouldn't bet against hearing g so.e re TATA and the DHSC disputeshortly too.
Huge sums being written off by the DHSC and Boris doesn't need more bad press.
My bet is very shortly we will see newsflow and we will be rolling through the £2's and into the £3's.
Massive ratio to be taken advantage of at this SP.
Sale is over IMO. SP going higher.
given the tensions between Russia and the Ukraine currently and the threat of sanctions on Russia that any deals are obviously on the back burner for the moment.
Head down and waiting for it all to blow over and take advantage of any drops on nervousness.
https://twitter.com/thecitymile/status/1489534547926659073
Looking better...